MicroStrategy’s Bitcoin Bet Continues: $700M Debt Offering for More BTC

Quick Summary:

MicroStrategy, a major Bitcoin holder, has announced plans to raise $700 million through a private offering of convertible senior notes due in 2028.

This move comes close on the heels of MicroStrategy’s Bitcoin acquisition worth $1.11 billion earlier.

This marks MicroStrategy’s third debt offering in 2024, aimed at expanding its Bitcoin holdings and refinancing existing […]

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets: India

Topics: News Market News MicroStrategy Bitcoin Market BTC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 10:30:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 148 words

Reading Time: 1 minutes read

Sentences: 47 lines

Sentence Length: 4 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 22566118

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #124

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