According to BBX news, on June 15th, Coinbase's stock price rose by about 7.7% in a single day, coupled with the continuous fermentation of the AI intelligent agent trading platform "Coinbase for Agents" launched on June 11th; Riot Platforms rose by about 4.7%, and several institutions have recently increased their target prices intensively; Robin Hood hit $100.87 within the day, breaking through the 100 yuan mark for the first time. All three have benefited from the market tailwind of Bitcoin price rebounding to around $66483, but each has its own independent company level driving logic.
Core points:
——Coinbase Global (Nasdaq: $COIN): up approximately 7.7% on June 15th; On June 11th, Coinbase for Agents was launched, allowing AI agents such as ChatGPT and Claude to autonomously execute encrypted transactions and payments; Sandbox model isolates risks, with users setting their own trading limits; The average analyst target price is about $229, and HC Wainwright's target price is $310 (May 8th); Since the beginning of the year, the decline has been about 32%.
——Robin Hood Market (Nasdaq: $HOOD): intraday high of $100.87 on June 15th, 52 week range of $63.52 to $153.86; Bernstein research report: World Cup predicts market will bring 'strong tailwind'; Platform assets of $377 billion (+48% year-on-year); The Agentic Trading feature has been launched; Q1 crypto revenue decreased by about 47% year-on-year, and there is still pressure to repair performance.
——Riot Platforms (Nasdaq: $RIOT): up approximately 4.7% on June 15th; Keefe Bruyette raised its target price from $23 to $37 on June 9th, while Clear Street and Bernstein raised their prices to $38 and $30 respectively on June 3rd; Q1 revenue of $167.2 million (exceeding expectations by 28%), data center contribution of $33.15 million, AMD expansion exercise to 50 megawatts, holding 15680 BTC.
Source: bbx.com