CoinGape
2020-12-11 18:41:59

MicroStrategy Completes $650 M Convertible Notes Offering, Intends to Invest Net Proceeds to Bitcoin

MicroStrategy announced today that their $650 Million offering of 0.75% convertible senior notes is complete and is due to mature in Dec. 2025. The official blog also states that firm intends to invest the net proceeds from the convertible notes in Bitcoin. MicroStrategy to Invest Estimated Net Proceeds of $634.9 million in Bitcoin MicroStrategy and The post MicroStrategy Completes $650 M Convertible Notes Offering, Intends to Invest Net Proceeds to Bitcoin appeared first on Coingape.

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