![Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike](https://www.clublaura.com/wp-content/uploads/2024/03/h90jjjuuu.jpg)
Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” Coinbase […]