Mark Palmer — Senior Equity Research Analyst, The Benchmark Company (1 trade idea)

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Date Ticker Direction Thesis Source
Feb 13, 2026 LONG Despite a revenue miss, the institutional platform grew 37% and subscription/services revenue now accounts for nearly 43% of the total. The company is successfully diversifying away from volatile retail trading fees into stable recurring revenue (custody, staking, stablecoin interest). The "Genius Act" and US support for stablecoins provide a regulatory tailwind. LONG COIN as it transitions from a pure crypto-exchange proxy to a broader financial infrastructure play. Crypto market crash; regulatory reversals. Bloomberg Markets
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