December 26, 2024

Rise To Thrive

Investing guide, latest news & videos!

Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition

1 min read
Microstrategy Announces 0M Private Offering for Debt Buyback and Bitcoin Acquisition
Microstrategy Announces 0M Private Offering for Debt Buyback and Bitcoin AcquisitionOn Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, set to […]