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Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike



Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” Coinbase […]



Source: https://news.bitcoin.com/coinbase-aims-to-raise-1-billion-through-convertible-bond-sale-as-shares-spike/

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