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0.000369276218611535 0.000410306909568334 -0.00328245527654679 -0.00233874938453961 -0.00147710487444603 -0.006729033316921 -0.00605202691613324 -0.00541605120630229
Stock impact report

Coinbase Asset Management offers bitcoin mining loans. Here's what that means [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
But when bitcoin prices took a turn for the worse, and drug bitcoin mining revenue down with it, many of these loans soured, with debtors defaulting and creditors seizing and running ASICs to pay back the loans. Fast forward to 2025, and now, Coinbase's (NASDAQ: COIN) independent subsidiary Coinbase Asset Management is reimaging ASIC-backed financing. Only this time, they're not securing the loans against the computers – they're backing them with entire datacenters and bitcoin in what the company calls a “flexible collateral package.” You're reading a recap of The Mining Pod. Watch here on Youtube! Coinbase Asset Management has rolled out bitcoin mining financing with a flexible collateral package that accepts hashrate, physical infrastructure, and bitcoin as forms of collateral. The structure allows for up to 50% hashrate and 50% digital collateral for credit-worthy borrowers. Historically, bitcoin miners, mostly the publicly traded ones, have relied heavily on equity financi Show less Read more
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