NASDAQ:COIN

Coinbase Announces Pricing of Upsized Offering of $1.1 Billion of 0.25% Convertible Senior Notes Due 2030

Retrieved on: 
Thursday, March 14, 2024

The aggregate principal amount of the offering was increased from the previously announced offering size of $1.0 billion.

Key Points: 
  • The aggregate principal amount of the offering was increased from the previously announced offering size of $1.0 billion.
  • Coinbase also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $165.0 million principal amount of notes, solely to cover over-allotments.
  • If the initial purchasers exercise their option to purchase additional notes, Coinbase expects to use a portion of the net proceeds from the sale of such additional notes to enter into additional capped call transactions.
  • No sinking fund is provided for the notes, which means that Coinbase is not required to redeem or retire the notes periodically.

Coinbase Announces Proposed Private Offering of $1.0 Billion of Convertible Senior Notes Due 2030

Retrieved on: 
Tuesday, March 12, 2024

Coinbase also expects to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $150.0 million principal amount of notes solely to cover over-allotments.

Key Points: 
  • Coinbase also expects to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $150.0 million principal amount of notes solely to cover over-allotments.
  • The notes will be senior, unsecured obligations of Coinbase, will accrue interest payable semi-annually in arrears and will mature on April 1, 2030, unless earlier repurchased, redeemed or converted.
  • The notes will be convertible into cash, shares of Coinbase’s Class A common stock, or a combination thereof, at Coinbase’s election.
  • The interest rate, initial conversion rate, and other terms of the notes are to be determined upon pricing of the offering.

Coinbase to Participate in the Morgan Stanley Technology, Media and Telecom Conference

Retrieved on: 
Wednesday, February 28, 2024

Coinbase Global, Inc. announced today that Brian Armstrong, Co-Founder and CEO, and Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Technology, Media and Telecom Conference on Wednesday, March 6, 2024 at 3:35 p.m. PT / 6:35 p.m.

Key Points: 
  • Coinbase Global, Inc. announced today that Brian Armstrong, Co-Founder and CEO, and Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Technology, Media and Telecom Conference on Wednesday, March 6, 2024 at 3:35 p.m. PT / 6:35 p.m.
  • ET.
  • Coinbase uses the investor.coinbase.com and blog.coinbase.com websites, as well as press releases, public conference calls, public webcasts, our X feed (@coinbase), our Facebook page, our LinkedIn page, our YouTube channel, and Brian Armstrong’s X feed (@brian_armstrong) as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

Thinking about buying stock in SoundHound AI, Coinbase Global, Societal CDMO, Enveric Biosciences, or Royalty Management Holding?

Retrieved on: 
Thursday, February 29, 2024

Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.

Key Points: 
  • Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
  • Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
  • InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street.
  • We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.

Coinbase Releases Fourth Quarter and Full Year 2023 Shareholder Letter

Retrieved on: 
Thursday, February 15, 2024

Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its fourth quarter and full year 2023 shareholder letter.

Key Points: 
  • Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its fourth quarter and full year 2023 shareholder letter.
  • The letter, including the Company’s financial results, can be found on its Investor Relations website at investor.coinbase.com .
  • The Company will hold a question and answer session to discuss its fourth quarter and full year 2023 financial results on Thursday, February 15, 2024 at 2:30 p.m. PT.
  • Following the call, a replay of the call, as well as a transcript, will be available on the same website.

Coinbase Announces Date of Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, January 24, 2024

Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its fourth quarter and full year 2023 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Thursday, February 15, 2024, after market close.

Key Points: 
  • Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its fourth quarter and full year 2023 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Thursday, February 15, 2024, after market close.
  • The Company will hold a question and answer session to discuss its financial results at 2:30 p.m. PT that same day.
  • Starting on February 8 at 9:00 a.m. PT, all shareholders will be able to submit and upvote questions for Coinbase management by visiting here .
  • Following the call, a replay of the call, as well as a transcript, will be available on the same website.

Hut 8 Announces US$65 Million Amended and Restated Credit Facility with Coinbase

Retrieved on: 
Friday, January 12, 2024

The New Loan is expected to be used for general corporate purposes and funded at or shortly following closing.

Key Points: 
  • The New Loan is expected to be used for general corporate purposes and funded at or shortly following closing.
  • All amounts borrowed under the Credit Facility will bear interest at a rate equal to (a) the greater of (i) the federal funds rate on the date of the applicable borrowing, and (ii) 3.25%, plus (b) 5.0%.
  • The Credit Facility matures 364 days after the date of the first borrowing.
  • The obligations under the Credit Facility are secured by the Borrower’s interest in certain Bitcoin held in the custody of Coinbase Custody Trust Company, LLC and are guaranteed by the Company.

Coinbase to Participate in the Goldman Sachs Financial Services Conference

Retrieved on: 
Wednesday, November 29, 2023

Coinbase Global, Inc. announced today that Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs Financial Services Conference on Wednesday, December 6, 2023 at 3:40 p.m.

Key Points: 
  • Coinbase Global, Inc. announced today that Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs Financial Services Conference on Wednesday, December 6, 2023 at 3:40 p.m.
  • ET / 12:40 p.m. PT.
  • Coinbase uses the investor.coinbase.com and blog.coinbase.com websites, as well as press releases, public conference calls, public webcasts, our Twitter feed (@coinbase), our Facebook page, our LinkedIn page, our YouTube channel, and Brian Armstrong’s Twitter feed (@brian_armstrong) as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

Thinking about buying stock in Coinbase Global, Pharvaris, Kamada, Minerva Surgical, or Brilliant Acquisition?

Retrieved on: 
Wednesday, December 6, 2023

Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.

Key Points: 
  • Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
  • Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
  • InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street.
  • We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.

Thinking about buying stock in Coinbase Global, Celsius Holdings, Cadence Design Systems, Coherus Biosciences, or Fortress Biotech?

Retrieved on: 
Friday, November 17, 2023

Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.

Key Points: 
  • Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
  • Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
  • InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street.
  • We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.