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Bitcoin Bitcoin Share: 49.84%
Markets: 68427
coinpedia
2024-03-05 00:57:49

MicroStrategy’s $600 Million Offering to Fund Bitcoin Purchase

MicroStrategy’s $600 Million Offering to Fund Bitcoin Purchase

The post MicroStrategy’s $600 Million Offering to Fund Bitcoin Purchase appeared first on Coinpedia Fintech News MicroStrategy, a leading software firm and prominent Bitcoin advocate, intends to embark on a private offering of $600 million in convertible senior notes due 2030. Private Offering Details MicroStrategy’s proposed private offering targets qualified institutional buyers under Rule 144A of the Securities Act. The company plans to issue unsecured, senior convertible notes bearing interest semi-annually, …

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