Coinbase aims to raise $1 billion through a convertible bond sale as a stock spin.
Coinbase Global, Inc. In the year He unveiled his strategy to generate $1 billion by issuing convertible bonds maturing by 2030. This plan includes a provision for initial buyers to receive an additional $150 million to address any over-allotments. Coinbase said the proceeds will be used for “working capital and capital expenditures.” Coinbase […]