On March 13, the business intelligence company based in Virginia, Microstrategy, unveiled plans to generate $500 million by issuing convertible notes due in 2031. Echoing their previous fundraising efforts, the newly acquired funds are earmarked for bitcoin acquisitions along with covering various general corporate expenditures. Microstrategy Continues Bitcoin Bet, Plans $500M Convertible Bond Sale Microstrategy […]
Source: https://news.bitcoin.com/microstrategy-announces-500-million-convertible-note-sale-to-boost-bitcoin-holdings/
Microstrategy Announces $500 Million Convertible Note Sale to Boost Bitcoin Holdings
