MicroStrategy Inc. is raising $400 million by selling senior secured notes, whereby the acquired funds will get more bitcoins. MicroStrategy’s Bitcoin Investment The corporate bond sale is the first for the company, with proceeds directed to crypto. Notably, the notes will be available to institutional buyers who are qualified. Meanwhile, the company has already issuedRead More
Nasdaq-listed business intelligence firm MicroStrategy is borrowing $400 million through senior secured notes to add more bitcoin to its current 92,079 stash, worth $3.29 billion at press time. According to a filing from the company, the senior secured notes will be available for qualified institutional buyers. The company has in the past raised $550 million […]
TL;DR Breakdown MicroStrategy to buy $400 million more Bitcoin How Saylor is making the firm go 100 percent crypto Top American Business intelligence firm MicroStrategy has announced plans to sell $400 million of senior secured notes to buy more Bitcoins. The software firm said it is borrowing $400 million to buy more Bitcoin while also […]
MicroStartegy the pioneer in business intelligence and analytic solutions announces acquiring even more Bitcoin(BTC). The finance will be through its new secured notes...
Virginia-based enterprise business intelligence firm MicroStrategy has announced another significant debt offering so as to help finance the company’s purchase of bitcoin, underscoring chief executive Michael Saylor’s confidence in the bellwether cryptocurrency. MicroStrategy Plans To Scoop Up An Additional $400 Million Worth Of Bitcoin MicroStrategy’s bitcoin appetite sees no end. According to a June 7 […]
Microstrategy has just announced a new offering of “$400 million aggregate principal amount of senior secured notes due 2028.” “MicroStrategy intends to use the net proceeds from the sale of...
Business analytics firm MicroStrategy announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of senior secured notes for the purpose of buying more Bitcoin, as per a release today.