MicroStrategy announces another senior notes offering to buy more bitcoin MicroStrategy has revealed that they are issuing additional senior notes in order to acquire more bitcoin.
Last week, MicroStrategy revealed that they were initiating a senior notes offering and successfully raised $800 million. written by Katherine Ross. 13 marca, o 5:17 wieczorem. The CEO of MicroStrategy, Michael Saylor, is known as Michael. It was modified by Blockworks. MicroStrategy is continuing to purchase bitcoin by offering convertible senior notes. The company recently announced a new offering of $500 million in convertible senior notes that will mature in 2031. The company stated that it has the potential to increase its funds by $75 million through the offer. MicroStrategy also plans to offer the initial purchasers of the notes the opportunity to buy an additional $75 million worth of notes within a 13-day period following the issuance date. The company intends to use the proceeds from the sale to buy more bitcoin and for general corporate expenses. MicroStrategy currently has more bitcoin in its possession than BlackRock’s IBIT, at least for the time being.