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Market Cap:
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Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
Invezz
2024-03-13 22:31:40

MicroStrategy set to buy more Bitcoin, to raise $500m via convertible notes

MicroStrategy set to buy more Bitcoin, to raise $500m via convertible notes

MicroStrategy® Incorporated (Nasdaq: MSTR) on Wednesday said it will raise $500 million by offering convertible senior notes due 2031 in a private sale targeted at qualified institutional buyers, as per Rule 144A of the Securities Act of 1933. The strategic move underlines MicroStrategy’s continued investment in Bitcoin, reinforcing its bullish outlook on the cryptocurrency. MicroStrategy

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