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Tag: $400 Million

MicroStrategy Intends to Invest Further in Bitcoin Amid Claims it is a Better Choice

MicroStrategy to Offer $400 Million in Bonds to Buy More Bitcoin
MicroStrategy to Offer $400 Million in Bonds to Buy More BitcoinMicroStrategy 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 issued
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MicroStrategy Plans to Raise Another $400M to Buy More Bitcoin

Michael Saylor's MicroStrategy plans to conduct another $400 million sale of senior secured notes to buy more bitcoins.

Smart-Lock Startup Latch Rides SPAC Frenzy To $1.5 Billion Valuation

Smart-lock startup Latch began trading Monday through a SPAC listing that raised $453 million and values the company at over $1.5 billion. The...

MicroStrategy to Sell $400 Million in Debt to Add More Bitcoin to Its $3.2 Billion Stash

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 […]

Why MicroStrategy’s Latest $400 Million Bitcoin Buy Is Different From the Others

Prices in MicroStrategy stocks and bonds dipped on the news.

MicroStrategy Plans to Raise $400 Million to Buy More Bitcoin

MicroStrategy ( MSTR) announced Monday its plans to raise $400 using debt offering in order to purchase more bitcoin (BTC).  The Virginia-based...

MicroStrategy announces plan to buy more Bitcoin

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 […]

MicroStrategy to Acquire $ 400 Million in Bitcoin (BTC)

MicroStartegy the pioneer in business intelligence and analytic solutions announces acquiring even more Bitcoin(BTC). The finance will be through its new secured notes...

MicroStrategy To Raise $400M Via Debt Offering To Purchase More Bitcoin

MicroStrategy To Raise $400M Via Debt Offering To Purchase More Bitcoin
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 to Buy Another $400 Million Bitcoin

Michael Saylor of Microstrategy at Bitcoin Miami, June 2021

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...

MicroStrategy announces a $400 million note to acquire more Bitcoin

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.

The post MicroStrategy announces a $400 million note to acquire more Bitcoin appeared first on CryptoSlate.

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