If I Bought $1,000 of Coinbase Stock at Its April 2021 IPO, What Is It Worth Now?
About This Scenario
Coinbase opened at $381 on April 14, 2021 — the most anticipated crypto IPO ever. Then crypto crashed and COIN fell 91% to $32. By 2024 it recovered to $200+ as Bitcoin hit new highs.
Frequently Asked Questions
How much would $1,000 in Coinbase stock bought at the April 2021 IPO opening be worth today?
Coinbase (COIN) opened at $381 on its first day of trading on April 14, 2021. A $1,000 investment at the open would have bought approximately 2.6 shares. The stock fell 91% to a low of $32 in December 2022 as the crypto bear market hit. By mid-2024 with Bitcoin near all-time highs and COIN trading around $200-$240, that $1,000 investment is worth approximately $525-$630 — still down from the IPO open.
Can I run my own custom investment simulation?
Yes. Invetest's free Replay Mode lets you pick any supported asset, set any start and end date, and enter your initial investment plus optional monthly contributions. You can also compare multiple assets side by side. No sign-up required.