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Coinbase has decided to increase the buyback cap to a substantial $180 million thereby leading to a notable surge in investor participation. On Tuesday, September 5, the world’s leading crypto exchange Coinbase announced that it is topping its debt buyback from $150 million previously, to now at $180 million. Thus,
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Cryptocurrency exchange has upsized its debt buyback offer from $150 million to $180 million.According to the Sept. 5 announcement, Coinbase will commit a total of $180 million to buying back its 3.625% Senior Notes due 2031. The offer will lapse on Sept. 18 at 11:59 pm Easten Time. At the time
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In July, when El Salvador’s President Nayib Bukele presented the repurchase plan, it was seen as an attempt to counter speculation about a potential default by El Salvador, amid strained relations between the Central American country and the traditional credit market, particularly after El Salvador established bitcoin as legal tender
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El Salvador is down roughly 54% on its investments in bitcoin, representing a potential loss of $55.8 million, according to CoinDesk data based on Bukele's announcements. So far, the country has spent $103.9 million in bitcoin, at an average price of $45,171 per coin. Original Source
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Grayscale parent Digital Currency Group, better known as DCG, announced that it intends to repurchase up to $250 million in shares for various Grayscale investment products.The share repurchase program is centered around Grayscale’s Litecoin Trust, Horizon Trust, Zcash Trust and other Grayscale products, DCG confirmed on Wednesday. The pace and
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GT will also open a global partner recruitment plan, looking for partners in integrated shopping platforms, clothing brands, travel, hotels, catering, virtual gifts, game assets, real estate purchases, medical services.According to an official announcement, Gate.io opened its doors on July 31 to announce the GT burn situation in the second
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Dropbox delivered a strong fiscal fourth quarter. The company has authorized a $600 million stock repurchasing program. Analysts believe DBX must recover $21 to have a shot at starting a bull run. Dropbox’s stock (NASDAQ: DBX) has been languishing in bear territory since August 2018. From that point, DBX
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