Digital Coin News

Crypto Exchange Plans $1 Billion Convertible Bond Offering

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 13 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Finance News

Crypto Exchange,Convertible Bonds,Microstrategy

A crypto exchange plans to raise $1 billion through selling convertible bonds, following the path of MicroStrategy. The exchange will offer unsecured convertible senior notes through a private offering. The conversion year is 2030. The company chose convertible bonds to avoid diluting existing shareholders' ownership interest. The trading firm remains cautiously optimistic about the long-term potential of ether, despite negative risk reversals.

A crypto exchange plans to raise $1 billion through selling convertible bonds, following the path of MicroStrategy. The exchange will offer unsecured convertible senior notes through a private offering.

The conversion year is 2030. The company chose convertible bonds to avoid diluting existing shareholders' ownership interest. The trading firm remains cautiously optimistic about the long-term potential of ether, despite negative risk reversals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin hits record high above $72,000 as U.K. opens the door to crypto exchange-traded productsBitcoin prices rallied on Monday to hit a fresh record high above $72,000, after the British financial watchdog said it would allow exchanges to list cryptocurrency-linked exchange-traded products for the first time.
Source: NBCNews - 🏆 10. / 86 Read more »