MicroStrategy issues $500M in convertible notes to buy more Bitcoin

Oluwapelumi Adejumo

MicroStrategy is set to offer $500 million in convertible senior notes due in 2032 to finance more Bitcoin acquisitions. This private offering targets qualified institutional buyers and seeks to bolster the company’s resources amid volatile market environments. As of June 13, MicroStrategy holds more than 1% of BTC’s circulating supply, equivalent to 214,400 BTC, valued […]

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MicroStrategy issues $500M in convertible notes to buy more Bitcoin