Microstrategy Unleashes $2.6B Bet on Bitcoin With Convertible Notes Offering

Quick Summary:

No Interest, Big Moves: Microstrategy’s 2029 Notes Spell Bold Bitcoin Play The company disclosed that it plans to offer the notes privately to qualified institutional buyers under Rule 144A of the Securities Act.

Microstrategy has revealed pricing details for its $2.6 billion 0% convertible senior notes, set to mature in 2029.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: Microstrategy Bitcoin Finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 16:35:30 (3 days ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Article Length: 3 words

Reading Time: 1 minutes read

Sentences: 1 lines

Sentence Length: 3 words per sentence (average)

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

Copyright Owner: © Bitcoin News

News ID: 23722177

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About Bitcoin News

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Official Website: news.bitcoin.com

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Headquarters: Japan

News Last Updated: 9 hours ago

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Publisher ID: #62

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