November 8, 2024

Rise To Thrive

Investing guide, latest news & videos!

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

1 min read
Coinbase Aims to Raise  Billion Through Convertible Bond Sale as Shares Spike
Coinbase Aims to Raise  Billion Through Convertible Bond Sale as Shares SpikeCoinbase 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 […]