Shares of Coinbase Global, the biggest U.S. cryptocurrency exchange, have nearly doubled over the last month—and were up some 265% over the last year—through trading on Monday, which saw the biggest single-day gain since January 2022.
The stock closed at $229.15 after reaching as high as $236.46. Shares within the last year had fallen to as low as $46.43.
Investors are eyeing…
