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Crypto Frontier | 2 months ago (raw) | export | reply | flag +1 
 MicroStrategy announces third debt offering of 2024, plans to raise $700M:
Technology company MicroStrategy (Nasdaq: MSTR) has announced its third debt offering of 2024, aiming to raise $700 million by issuing convertible senior notes due in 2028. 
 https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718283700604-YAKIHONNES3.jpg
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nilla Aprilia | 2 months ago (raw) | root | parent | reply | flag 
 This latest offering follows two previous successful rounds earlier in the year, where MicroStrategy raised similar amounts. By leveraging debt to finance its Bitcoin purchases, the company underscores its commitment to the cryptocurrency as a key component of its investment strategy. This approach not only aims to enhance MicroStrategy's balance sheet but also reflects a broader trend among institutional investors increasingly viewing Bitcoin as a hedge against inflation and a store of value
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Adam linkon | 2 months ago (raw) | root | parent | reply | flag 
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