MicroStrategy Plans to Raise $500 Million to Buy More Bitcoin
Web Stories

MicroStrategy Plans to Raise $500 Million to Buy More Bitcoin

MicroStrategy intends to use the funds raised from this offering to acquire additional Bitcoin and for general corporate purposes.
Published on: 
MicroStrategy-is-seeking-to-raise-$500-million-via-a-convertible-senior-note-offering.

MicroStrategy is seeking to raise $500 million via a convertible senior note offering.

MicroStrategy-intends-to-use-the-funds-raised-from-this-offering-to-acquire-additional-Bitcoin-and-for-general-corporate-purposes.

MicroStrategy intends to use the funds raised from this offering to acquire additional Bitcoin and for general corporate purposes.

The-convertible-notes-provide-flexibility-for-MicroStrategy-to-manage-its-debt-while-potentially-benefiting-from-equity-appreciation.

The convertible notes provide flexibility for MicroStrategy to manage its debt while potentially benefiting from equity appreciation.

MicroStrategy-has-continued-to-invest-heavily-in-Bitcoin-since-2020,-reflecting-its-strategy-of-using-debt-financing-to-expand-its-Bitcoin-holdings.

MicroStrategy has continued to invest heavily in Bitcoin since 2020, reflecting its strategy of using debt financing to expand its Bitcoin holdings.

MicroStrategy-also-announced-the-redemption-of-$650-million-worth-of-its-2025-convertible-senior-notes.

MicroStrategy also announced the redemption of $650 million worth of its 2025 convertible senior notes.

Read-More-Stories'

Read More Stories

Next Story

SFC Today
sfctoday.com