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Coinbase redeems $65M in convertible notes at 29% discount

The cryptocurrency exchange estimates it will only need $45.5 million in cash to redeem the instruments.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Coinbase redeems $65M in convertible notes at 29% discount

The cryptocurrency exchange estimates it will only need $45.5 million in cash to redeem the instruments.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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