Coinbase’s $1B Bond Sale Strategy: Following in Michael Saylor’s Footsteps to Safeguard Stock Investor Interests
Coinbase announces a $1 billion convertible bond sale to bolster growth without diluting shareholder equity. Innovative “negotiated capped call transactions” are introduced to minimize equity dilution, reflecting confidence in the cryptocurrency market. In a strategic financial move, Coinbase announced its plan to offer $1 billion in Convertible Senior Notes by 2030 to qualified institutional buyers. […