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MicroStrategy Raises $875M in Convertible Notes, Eyes More Bitcoin

MicroStrategy Raises $875M in Convertible Notes, Eyes More Bitcoin


Coin Edition
2024-09-18 14:25:00

MicroStrategy has announced a convertible senior notes offering worth $875 million. The company had initially planned to sell $700 million, but increased the offering due to high demand. The notes will mature in 2028 with a 0.625% interest rate, paid semi-annually. Offering Details and How the Money Will Be Used The convertible senior notes will The post MicroStrategy Raises $875M in Convertible Notes, Eyes More Bitcoin appeared first on Coin Edition .


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