Thursday, 21 November 2024

Microstrategy Unleashes $2.6B Bet on Bitcoin With Convertible Notes Offering

by BD Banks

Microstrategy has revealed pricing details for its $2.6 billion 0% convertible senior notes, set to mature in 2029. No Interest, Big Moves: Microstrategy’s 2029 Notes Spell Bold Bitcoin Play The company disclosed that it plans to offer the notes privately to qualified institutional buyers under Rule 144A of the Securities Act. Initially proposed at $1.75 […]
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