The value here is impossible to ignore. Voyager Digital's revenue grew 175X in just one year, whereas expenses only grew by a factor of 9… With about a $2.2B market cap, it puts VYGR at a P/S of less than 15. No denying these fundamentals. Voyager Digital is a cryptocurrency broker, similar to Coinbase. With the rise of cryptocurrencies like Bitcoin, Ethereum, Doge and SHIB, I’ve been taking a lot more interest into crypto stocks. Today, we are going to be looking at Voyager (VYGVF, VOYG stock) specifically. We will be talking about their new partnership with Mark Cuban and the Dallas Mavericks, their new partnership with Alameda Research and their growth prospects. As they say… Voyager stock to the moon?
🚀 Join the VIP Membership Group today! ► https://fiveorlessfinance.com/ 0:00 Dallas Mavericks Partnership 5:40 Alameda Partnership 12:18 Growth Drivers + Catalysts 16:00 Possible Risk 19:18 Earnings Analysis 25:02 My Trades 26:59 Conclusion 🔥
#Voyager #Coinbase #VYGVF #VOYG #COIN #crypto Looking forward, Voyager will continue to bring new products to their platform and expand geographically. In 2021 and beyond, they expect the addition of debit cards, credit cards, adding stock trading to the platform, and finally the ability to trade on margin. Complementing this, they will look to grow internationally by expanding their operations to both Canada and Europe. The company just announced they were looking for new acquisitions to help user growth. Other eventual revenue opportunities include getting into payments processing. Yes, cryptocurrency is volatile, but who said it wasn’t. If Bitcoin flops, Voyager will still profit off of the trading volatility. Investing in Voyager is investing in cryptocurrency in general, not only Bitcoin. I think Voyager is trading at a more than reasonable valuation, especially considering their exponential growth. That’s why I own a decent position in Voyager for the long-term. These stocks are bound to do great in the years to come... but #dontsuemebro
