Coinbase shares drop

Coinbase shares drop as exchange offers $2B convertible note offering

Coinbase Global Inc. (NASDAQ: COIN) saw its stock dip by −11.06 (3.48%) to 307.11 in the pre-market on Tuesday morning following the announcement of a major capital-raising move. Notably, the drop in the Coinbase shares price comes after the cryptocurrency exchange revealed plans to raise $2 billion through a private offering of convertible senior notes,…

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