Bondholders have agreed to buy back $50 million in bonds despite Coinbase offering to buy as much as $150 million worth of the 2031 notes.
Coinbase’s offer to buy back bonds with a face value of $150 million has so far generated limited interest.
Bondholders have agreed to tender about $50 million of the bonds, while investors have until Sept. 1 to make their final decision.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Coinbase's offer to buy back bonds with a face value of $150 million has so far been met with limited interest in a development that suggests many investors think there's more upside for the notes.that it had increased its repurchase offer to 67.
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