PolicyWatch on Nostr: 🚨 MicroStrategy has announced plans to sell $700 million in convertible senior ...
🚨 MicroStrategy has announced plans to sell $700 million in convertible senior notes to fund more Bitcoin purchases and repay debt. This follows a previous $500 million note sale in June. The private offering, maturing in 2028, is subject to market conditions. MicroStrategy, known for its aggressive Bitcoin strategy, has acquired $9.5 billion in BTC since 2020, with an average price of $38,585 per coin.
#Bitcoin #MicroStrategy #BTC #Crypto #Finance #Investing
Published at
2024-09-18 01:52:48Event JSON
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"content": "🚨 MicroStrategy has announced plans to sell $700 million in convertible senior notes to fund more Bitcoin purchases and repay debt. This follows a previous $500 million note sale in June. The private offering, maturing in 2028, is subject to market conditions. MicroStrategy, known for its aggressive Bitcoin strategy, has acquired $9.5 billion in BTC since 2020, with an average price of $38,585 per coin.\n\n#Bitcoin #MicroStrategy #BTC #Crypto #Finance #Investing\nhttps://m.primal.net/KtRj.jpg ",
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