fiatdenier on Nostr: TYSONS CORNER, Va., September 18, 2024 — MicroStrategy® Incorporated (Nasdaq: ...
TYSONS CORNER, Va., September 18, 2024 — MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy”) today announced the pricing of its offering of $875 million aggregate principal amount of 0.625% convertible senior notes due 2028
The conversion rate for the notes will initially be 5.4589 shares of MicroStrategy class A common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $183.19 per share
Why would anyone lend @saylor $875M for .6% interest and 40% premium on $MSTR? Such a good deal for him
#asknostr
The conversion rate for the notes will initially be 5.4589 shares of MicroStrategy class A common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $183.19 per share
Why would anyone lend @saylor $875M for .6% interest and 40% premium on $MSTR? Such a good deal for him
#asknostr