MicroStrategy plans $500M stock sale to buy more Bitcoin: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718283700604-YAKIHONNES3.jpg MicroStrategy has announced its intention to offer $500 million in convertible senior notes due in 2032. The private offering to qualified institutional buyers would adhere to Rule 144A of the Securities Act 1933 and is “subject to market conditions and other factors.”
MicroStrategy, a software development company, has announced its plan to raise $500 million through a stock sale in order to fund additional Bitcoin acquisitions. The company intends to offer convertible senior notes due in 2032 to qualified institutional buyers, following Rule 144A of the Securities Act 1933
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