Coinbase Issues $1 Billion Convertible Bonds as Ark Continues to Rebalance and Stock Price Rises
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Coinbase Issues $1 Billion Convertible Bonds as Ark Continues to Rebalance and Stock Price Rises

Coinbase’s stock price is nearing a 26-month high after the surge in cryptocurrency, following in the footsteps of MicroStrategy. The company has announced plans to sell $1 billion of convertible preferred notes to institutional investors, with the following conditions:

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