Coinbase raises bond buyback limit to $180M amid a surge in investor interest

Coinbase increased its bond buyback limit to $180 million and extended its deadline to Sept. 18, according to a Sept. 5 statement.

Coinbase extended its deadline due to unexpectedly high interest in its buyback program. The exchange initially proposed repurchasing its 3.625% senior notes, maturing in 2031, at $675 per $1,000 principal amount of tendered notes.