Coinbase to raise $1 billion for debt repayment from convertible notes
The exchange is planning to raise and offer $1 billion in funding from its convertible notes, similar to what MicroStrategy recently did.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Bitcoin companies are learning that holding forever takes cash
Metaplanet sold 10,000 BTC and bought back 11,000 at a higher average price to show it was willing to sell its Bitcoin. The Japane...
Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC
Bitcoin Magazine Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC Meanwhile, the first l...
Some Aave loans sit near liquidation with collateral that can take hours to cash out
Some Aave loans backed by yield-bearing collateral had narrow liquidation buffers in LlamaRisk’s Oct. 9 snapshots. Every top PT-AU...
Samsung Wallet Brings USDC to 82M Galaxy Devices With Coinbase, Solana and Sui Support
Key Takeaways: Samsung Wallet will support 82 million U.S. Galaxy to add transfers on USDC. Coinbase will keep USDC in their Coinb...
Russia’s Moscow Exchange Pilots Crypto Trading for December Launch
The exchange is currently testing its crypto trading capabilities with professional participants in a pilot environment that will...
Coinbase Completes Deribit Integration for Institutional Traders
Former International Exchange clients gain Deribit's options suite and margin system, while US Prime options trading follows a sep...