Coinbase Plans $1B Bond Sale That Avoids Hurting Stock Investors, Copying Michael Saylor’s Successful Bitcoin Playbook
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors.
The convertible notes Coinbase wants to sell include provisions aimed at aiding its stock investors.
‘The most important stock on Earth’ could disappoint on a weak PC market and AI saturation, with Wall Street wanting more from the GPU giant, pulling down crypto and equities, QCP Capital said.
Miners such as Core Scientific (CORZ), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers.
The total market cap of the listed miners in the bank’s coverage has increased 131% since the end of September, the report said.
The reward for mining new BTC will be cut in half soon, making it hard for less-efficient operators to survive.
HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.