Coinbase Stock Accelerates Dip As Crypto Exchange Announces $2,000,000,000 Debt Offering
Description
The leading US-based crypto exchange by trading volume is experiencing a drop in stock value while it announces a $2 billion debt offering. Today, Coinbase Global (COIN) announced plans to offer $2 billion in convertible senior notes through a private placement to qualified institutional buyers. The offering, which is subject to market conditions, includes $1 billion in notes due by 2029 and another $1 billion due by 2032. Coinbase says it may also grant initial purchasers options to buy up to a...
$BTC
$113910.3
-0.47%
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