Matango Junior Member
Posts: 27 Status: Offline Joined: Money: 12.15
pm | Temasek got rid of the shares of the bitcoin excha (16th Feb 22 at 3:08am UTC) | Quote Reply | Singapore-based investment holding Temasek has sold shares in Nasdaq-listed cryptocurrency exchange Coinbase. This is evidenced by a report for the US Securities and Exchange Commission (SEC).
According to documents for the third quarter of 2021, Temasek owned 8,168 shares of the American platform, worth about $2.1 million.
There is no information about Temasek's position in Coinbase shares in the fourth quarter reporting. The holding's total portfolio at the end of last year was estimated at $301 billion.
On April 14, 2021, Coinbase shares (ticker: COIN) were listed directly on Nasdaq. The opening price was $381. During the first session, the company's capitalization exceeded $85 billion.
On May 17, stock quotes for the exchange fell below the reference price ($250) for the first time. The fall occurred against the backdrop of a correction in the cryptocurrency market - bitcoin at the moment reached $42,185.
That same month, Coinbase announced a private placement of $1.25 billion of convertible bonds maturing in 2026.
In September, the company announced plans to conduct a private placement of two $1.5 billion bond issues.
The closing price on Monday, February 14, 2022 was $194.53. Since listing, COIN shares have fallen over 40%. | |
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Coco Junior Member
Posts: 27 Status: Offline Joined: Money: 12.15
pm | Re: Temasek got rid of the shares of the bitcoin.. (16th Feb 22 at 9:21am UTC) | Quote Reply | Michael has long dreamed of finding a way to earn money so that he could not spend most of his time in a stuffy office. At first, the search did not bring results until his brother suggested to him the idea of a top cryptocurrency exchange, where you can buy a small asset and have a return on it at least twice the invested funds. | |
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Hotline New Member
Posts: 14 Status: Offline Gender: Male Joined: Money: 6.3
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allien Junior Member
Posts: 41 Status: Offline Gender: Female Joined: Money: 18.45
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