Coinbase Stock Slips After $2 Billion Debt Offering—What It Means For Investors And The Crypto Giant's Next Move
Coinbase Global (NASDAQ:COIN) stock dropped on Tuesday after it announced plans to offer $2 billion in convertible senior notes—$1 billion due in 2029 and $1 billion in 2032—through a private placement to qualified institutional buyers under Rule 144A.
Benzinga ·