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MicroStrategy Completes $500 Million Senior Notes Issuance To Add More BTC

Mary Liu

Summary: MicroStrategy has completed the issuance of secured senior notes with a total price of $500 million, maturing in 2028, and an annual interest rate of 6.125%. The net proceeds from the sale ($487.7 million) will be used to purchase more BTC.  MicroStrategy stated that its nearly 92,079 BTC is held by the newly formed subsidiary ...

MicroStrategy has completed the issuance of secured senior notes with a total price of $500 million, maturing in 2028, and an annual interest rate of 6.125%. The net proceeds from the sale ($487.7 million) will be used to purchase more BTC. 

MicroStrategy stated that its nearly 92,079 BTC is held by the newly formed subsidiary MacroStrategy LLC. 

Bitpush data shows that Bitcoin price has returned to $40K, a daily increase of more than 10%.

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