Coinbase Global, Inc. — fact timeline

Coinbase Global, Inc. reported financial results for the quarter ended March 31, 2026.

“On May 7, 2026 , Coinbase Global, Inc. (the “Company”) published a presentation related to its financial results for the quarter ended March 31, 2026”

Coinbase Global, Inc. announced a restructuring with charges of $50 million to $60 million (approximately 700 employees, representing approximately 14% of the Company's global workforce as of May 1, 2026).

“The Plan involves a reduction of the Company’s workforce by approximately 700 employees, representing approximately 14% of the Company’s global workforce as of May 1, 2026. The Company expects execution of the Plan to be substantially complete in the second quarter of 2026. In connection with these actions, the Company estimates that it will incur approximately $50 million to $60 million in total restructuring expenses”

Chris Lehane was appointed as Director at Coinbase Global, Inc..

“the Board increased its size from seven to ten directors and appointed each of Christa Davies, Paul Clement, and Chris Lehane (collectively, the “New Directors”) to serve as a director of the Company, effective immediately.”

Paul Clement was appointed as Director at Coinbase Global, Inc..

“the Board increased its size from seven to ten directors and appointed each of Christa Davies, Paul Clement, and Chris Lehane (collectively, the “New Directors”) to serve as a director of the Company, effective immediately.”

Christa Davies was appointed as Director at Coinbase Global, Inc..

“the Board increased its size from seven to ten directors and appointed each of Christa Davies, Paul Clement, and Chris Lehane (collectively, the “New Directors”) to serve as a director of the Company, effective immediately.”

Coinbase Global, Inc. reported the quarter ended March 31, 2024 results: revenue $1.6 billion, net income $1.2 billion.

“We generated $1.6 billion of total revenue and $1.2 billion of net income*.”

Kathryn Haun departed as Director at Coinbase Global, Inc..

“On April 18, 2024, Kathryn Haun informed Coinbase Global, Inc. (“Coinbase”) that she will not stand for re-election to Coinbase’s Board of Directors (the “Board”) when her current term expires at Coinbase’s 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”).”

Coinbase Global, Inc. incurred convertible notes of $1.265 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 0.25% per year maturing April 1, 2030.

“On March 18, 2024, Coinbase Global, Inc. (the “Company”) completed its previously announced private offering of $1.265 billion aggregate principal amount of 0.25% Convertible Senior Notes due 2030 (the “Notes”), which includes the full exercise by the Initial Purchasers (as defined below) of their option to purchase up to an additional $165.0 million aggregate principal amount of Notes.”

Coinbase Global, Inc. entered into Indenture for 0.25% Convertible Senior Notes due 2030 with U.S. Bank Trust Company, National Association valued at $1.265 billion aggregate principal amount of 0.25% Convertible Senior Notes due 2030 (effective 2024-03-18).

“Convertible Notes and the Indenture On March 18, 2024, Coinbase Global, Inc. (the “Company”) completed its previously announced private offering of $1.265 billion aggregate principal amount of 0.25% Convertible Senior Notes due 2030 (the “Notes”), which includes the full exercise by the Initial Purchasers (as defined below) of their option to purchase up to an additional $165.0 million aggregate principal amount of Notes.”

Coinbase Global, Inc. reported financial results for the quarter and full year ended December 31, 2023.

“On February 15, 2024, Coinbase Global, Inc. (“Coinbase” or the “Company”) will hold a conference call regarding its financial results for the quarter and full year ended December 31, 2023. Coinbase also issued a letter to its shareholders announcing its financial results for the quarter and full year ended December 31, 2023 (the “Shareholder Letter”).”