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CoinGape 2024-11-20 16:25:49

MicroStrategy Upsizes Private Offering Amid Bitcoin Acquisition Plans

MicroStrategy Incorporated has announced an increase in its previously disclosed offering of convertible senior notes. The company will now offer $2.6 billion in zero-interest convertible senior notes, a significant upsizing from the initially proposed $1.75 billion. These notes are set to mature on December 1, 2029, with the offering expected to close on November 21, The post MicroStrategy Upsizes Private Offering Amid Bitcoin Acquisition Plans appeared first on CoinGape .