Breaking: MicroStrategy To Offer Fresh $700 Mln Debt Offering To Buy More Bitcoin

Quick Summary:

As Michael Saylor updated his followers, the company has announced its plans to offer a Private Offering of $700 million in Convertible Senior Notes.

American business intelligence and software firm MicroStrategy is on track to buy more Bitcoin (BTC).

As is customary, this debt will be used to buy more Bitcoin.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News Bitcoin MicroStrategy Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-16 @ 20:31:57 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 151 words

Reading Time: 1 minutes read

Sentences: 25 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22544161

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 36 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #59

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