MicroStrategy Raises $875M In Convertible Notes, Plans Further Bitcoin Purchases

Biztoc.com - 18 September 2024

MicroStrategy Raises $875M In Convertible Notes, Plans Further Bitcoin Purchases

Business intelligence firm MicroStrategy (NASDAQ:MSTR) announced the pricing of its offering of $875 million in convertible senior notes, due in 2028. What Happened: This offering, expected to close by Sep. 19, 2024, is part of the company's strategy to redee…

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