Here’s Why Coinbase Global Is Poised to Benefit From the Government Shutdown

Key Points

• As the government shutdown began, investors shifted money into cryptocurrencies.

• Coinbase is a leading cryptocurrency exchange, trading in 100 countries.

• The company rolled out a premium subscription plan in the second quarter.

• 10 stocks we like better than Coinbase Global ›

Wednesday’s shutdown of the federal government didn’t come as a surprise. Republicans and Democrats had their heels dug in, and investors had braced for several days that Congress and President Donald Trump would fail to reach a deal before the midnight deadline on Tuesday night.

The major indexes — the S&P 500, the Dow Jones Industrial Average, and the Nasdaq Composite — all opened Wednesday’s trading day in the red before recovering. But there are some early trends. Investors are shifting some attention to gold futures, which were up today, and they are also putting more money into Bitcoin, which is up 3% on the day.

Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »

A financial shutdown can be perilous for financial stocks, as more people come under pressure to make their mortgage, automobile, and credit card payments. But there’s one stock I like right now because of the shutdown, and that’s Coinbase Global (NASDAQ: COIN).

About Coinbase Global stock

Coinbase Global is a leading cryptocurrency exchange and is a primary way for people around the world to trade Bitcoin, Ethereum, and other cryptocurrencies. Coinbase operates in more than 100 countries, making it a convenient way to trade assets overseas, and currently has $425 billion in assets on its platform. The company says it has a quarterly trading volume of a whopping $237 billion.

The company is continuing to grow, with net revenue of $1.42 billion in the second quarter, up from $1.38 billion a year ago. Income of $1.43 billion dwarfed the income of just $36 million a year ago.

Coinbase is seeing massive revenue and income growth. Revenue is up nearly 3,000% in the past three years, and the company’s net income is up 200% in that period.

COIN Revenue (TTM) data by YCharts. TTM = trailing 12 months.

There’s also strong analyst sentiment with Coinbase stock. Of 34 analysts who cover Coinbase stock, half have a strong buy or buy rating, and 15 others have a hold rating, with a consensus price target of $371, indicating 7% short-term upside. The most bullish analyst, who has a $510 price target, suggests upside of 43%.

Image source: Getty Images.

The bottom line

Coinbase has an attractive business model. In the second quarter, a Coinbase One Basic subscription plan, which offers zero-fee trades, rewards, and benefits, costs $5 monthly. The membership plan is similar to what Robinhood Markets did with its Robinhood Gold premium subscription membership — a feature that has helped Robinhood stock jump 271% so far this year.

I’m not suggesting that Coinbase will see those gains. But the membership fee and an increase in cryptocurrency trading during the government shutdown both bode well for Coinbase stock. It could be an ideal place to help protect your portfolio during the shutdown.

Should you invest $1,000 in Coinbase Global right now?

Before you buy stock in Coinbase Global, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Coinbase Global wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $646,567!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,143,710!*

Now, it’s worth noting Stock Advisor’s total average return is 1,072% — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.

See the 10 stocks »

*Stock Advisor returns as of September 29, 2025

Patrick Sanders has positions in Ethereum. The Motley Fool has positions in and recommends Bitcoin and Ethereum. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.