Coinbase Seeks $2B Dual‑Tranche Note Sale to Fuel Buybacks & Acquisitions
Coinbase Seeks $2B Dual‑Tranche Note Sale to Fuel Buybacks & Acquisitions
Coinbase Launches $2 B Convertible Note Sale to Support Stock Buybacks, Acquisitions, and Bitcoin Investment
Coinbase Global Inc., the world’s third‑largest cryptocurrency exchange, has unveiled plans to raise over $2 billion through a dual‑tranche convertible senior note offering targeting qualified institutional buyers. The offering is structured with $1 billion due in 2029 and an additional $1 billion due in 2032, with an over‑allotment op...
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