Allianz Bets Big: Germany’s Insurance Giant Acquires 24.75% of MicroStrategy’s $2.6 Billion Convertible Bonds

CryptoGlobe - 22. November 2024

Allianz Bets Big: Germany’s Insurance Giant Acquires 24.75% of MicroStrategy’s $2.6 Billion Convertible Bonds

Germany’s largest insurance company Allianz has made a significant investment in MicroStrategy’s recent $2.6 billion convertible note offering, acquiring 24.75% of the bonds. Data on the investment was shared by pseudonymous analyst Petruschki, who added a sc…

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