Coinbase Plans $2 Billion Convertible Note Offering Amid Revenue Decline
Coinbase, the major U.S.-listed cryptocurrency exchange, has announced plans to raise $2 billion through a private offering of convertible senior notes. The move comes after its Q2 earnings revealed a revenue downturn, resulting in a sharp 15% drop in its share price on August 4. Convertible Notes Targeting 2029 and 2032 Maturities The offering will … Continue reading Coinbase Plans $2 Billion Convertible Note Offering Amid Revenue Decline
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