What if you invested in Coinbase in 2023?

COIN · Financial · Data through 2026-06-01

$

If you invested $1,000 in Coinbase in 2023

$3,154today
+215.4% total return|+38.8% annualized

The same $1,000 in the S&P 500 would be worth $1,942(+94.2%)

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The S&P 500 returned $1,942 on the same $1,000. Coinbase beat the market by $1,212.

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What if Coinbase keeps this up?

Project forward at Coinbase's 38.8% historical growth rate. See 5-30 year scenarios.

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Growth of $1,000

Coinbase vs. S&P 500 vs. US Dollar, 2023 to present

Coinbase
S&P 500
US Dollar

Year-by-Year Returns

$1,000 invested in Coinbase starting January 2023

YearPriceValueAnnual
2023$58.48$1,000-
2024$128.20$2,192+119.2%
2025$291.33$4,982+127.2%
2026$194.74$3,330-33.2%

What this return means

Putting $1,000 into Coinbase (COIN) in 2023 returned $3,154. That is a +215.4% gain, a little over 3.2x your money, measured to 2026-06-01.

That is a compound rate of about 38.8% a year, an extreme pace that few holdings sustain for 3.5 years. The same $1,000 in an S&P 500 index fund over the same span would be about $1,942, so Coinbase beat the index by roughly $1,212. The index compounded at about 20.9% a year over that period.

The path was not smooth. The best single year was 2025 at +127.2%, and the worst was 2024 at +119.2%. At its lowest point the position was down about 33% from an earlier high. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.

This is historical math, not financial advice. Past performance does not guarantee future results.

Numbers worth sharing

Occasional data drops when something interesting surfaces. No schedule, just signal.

For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.