Express

MicroStrategy To Issue $500 Million In Convertible Senior Notes To Buy More BTC

BitpushNews

Summary: MicroStrategy announced on Wednesday that it intends to offer $500 million in aggregate principal amount of convertible senior notes in a private placement to qualified institutional buyers. MicroStrategy intends to use the net proceeds from the sale of the notes to purchase additional Bitcoin and for general corporate purposes. As of press time, MicroStrategy's total ...

MicroStrategy announced on Wednesday that it intends to offer $500 million in aggregate principal amount of convertible senior notes in a private placement to qualified institutional buyers.

MicroStrategy intends to use the net proceeds from the sale of the notes to purchase additional Bitcoin and for general corporate purposes.

As of press time, MicroStrategy's total Bitcoin holdings are around 205,000 tokens.

Last Update:

Tags: ,
Link: MicroStrategy To Issue $500 Million In Convertible Senior Notes To Buy More BTC   [Copy]
Next:

Related Articles

  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 6 hours ago
  • Is the Crypto Bull Market Over? 1 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 2 days ago
  • The Endgame of Layer 2s, Explained 5 days ago
  • The Bitcoin Halving is Complete! What’s Next? 12 days ago

    • You need to login to comment.