Coin to the moon-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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pyrolysis
2021-09-13

Coin to the moon

Coinbase looking to raise $1.5 billion through debt offering

Sept 13 (Reuters) - Coinbase Global Inc is planning to raise about $1.5 billion through a debt offer

Coinbase looking to raise $1.5 billion through debt offering

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koolgal
·2021-10-05
To the moon ???
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NEWBIE
·2021-09-13
hope so
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Coinbase Global Inc&nbsp;is planning to raise about $1.5 billion through a debt offering to invest in product development and potential mergers and acquisitions, the U.S. cryptocurrency exchange said on Monday.</p>\n<p>The fundraising plans come less than a week after the company said U.S. regulators would sue the exchange if it went ahead with plans to launch a program allowing users to earn interest by lending digital assets.</p>\n<p>\"This capital raise represents an opportunity to bolster our already-strong balance sheet with low-cost capital,\" Coinbase said in a statement.</p>\n<p>As one of the largest cryptocurrency exchanges in the world, Coinbase has benefited from the growing adoption of digital assets, but has also taken a hit from the volatility and regulatory scrutiny around it.</p>\n<p>Since its debut in April, Coinbase shares have lost about 34% of their value.</p>\n<p>A month after listing, the company had said it would offer $1.25 billion in senior notes due 2026, to raise funds for general corporate purposes.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167586988","content_text":"Sept 13 (Reuters) - 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