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‘$COIN went from "no risk of bankruptcy" to a "small risk of bankruptcy" to its bonds yielding ~15%’ https://twitter.com/stockjabber/status/1594821293186195459
by Apocryphon 4y ago
‘$COIN went from "no risk of bankruptcy" to a "small risk of bankruptcy" to its bonds yielding ~15%’
https://twitter.com/stockjabber/status/1594821293186195459 https://twitter.com/stockjabber/status/1594821293186195459
- dragontamer 4y agoI believe Coinbase's 2028 bonds are identified by "USU19328AA89". They're down to 53-cents per dollar today. Note: the bond market is very thinly traded and you may have to wait days before a new trade can establish a new price for a particular bond. I wouldn't recommend reading into any particular price too much, you really gotta "squint" and average things out in your brain.