On Nov. 18, MicroStrategy unveiled plans to raise $1.75 billion through zero-coupon senior convertible notes to support additional Bitcoin acquisitions and other business initiatives. These notes will not accrue interest, target institutional investors, and mature in 2029. They can be converted into cash, company stock, or a mix of both. The company also plans to […]
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MicroStrategy eyes another raise, now $1.75 billion for potential 19,000 Bitcoin boost