MicroStrategy Boosts Bitcoin Holdings with $700M Convertible Note Offering

MicroStrategy, under the leadership of Michael Saylor, has revealed the pricing of its most recent debt offering. The plan incorporates raising $700 million via the issuance of convertible senior notes, maturing in 2032. Michael Saylor emphasized the dual purpose of the funds: further Bitcoin acquisitions and general corporate needs. MicroStrategy aims to generate $700 million

Source: CoinOtag