Friday Sep 20, 2024

$1.01B Upsized Convertible Note at 0.625%, 7,420 Bitcoin Purchased For $458M | Chapter 8

Microstrategy's most recent convertible note offering was upsized once again from $700M to $875M to $1.01B at an interest rate of 0.625%. They have also been draining their ATM offering and purchased 7,420 Bitcoin for $458M. Is Bitcoin finally breaking out to new all time highs?

 

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