2024

Bitcoin

Million

Institutional Bitcoin Bull MicroStrategy announced that it will issue bonds to buy more Bitcoin (BTC).
Revising its plan, MicroStrategy announced that it increased its planned bond sale to $875 million to buy more Bitcoin.
With this move, the company may purchase more Bitcoin than it previously announced.
The change was announced by MicroStrategy founder Michael Saylor.
<blockquote>
 “MicroStrategy (Nasdaq: MSTR) today announced the pricing of its offering of $875 million aggregate principal amount of 0.625% convertible senior notes due 2028.
 MicroStrategy intends to use the net proceeds from the offering to repay the entire $500.0 million aggregate principal amount of MicroStrategy's 6.125% Senior Secured Notes due 2028 (the Senior Secured Notes) and the balance of the net proceeds to acquire additional Bitcoin.”
</blockquote>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 MicroStrategy Announces Pricing of Offering of Convertible Senior Notes <a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MSTR</a> <a href="https://t.co/xIsCTvCBgH" rel="noopener noreferrer nofollow">https://t.co/xIsCTvCBgH</a>
 — Michael Saylor<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@saylor) <a href="https://twitter.com/saylor/status/1836375366903939246?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 18, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/microstrategy-announces-new-875-million-plan-to-buy-more-bitcoin-btc/" rel="noopener noreferrer nofollow">MicroStrategy Announces New $875 Million Plan to Buy More Bitcoin (BTC)</a>

MicroStrategy Announces New $875 Million Plan to Buy More Bitcoin (BTC)

Bitcoin Sistemi EN

Other articles published on Sep 18, 2024

Venezuela opposition’s Bitcoin reserve plan must overcome political turmoil first

USDC Now Available in Brazil and Mexico for Faster Payments

Chainlink Investors Withdraw 6M Tokens from Exchanges: Bullish Sentiment Soars

Investors Brace for TIA’s Price Drop: Insights from Altcoin Sherpa

Weekly Article Recap: 9/09-9/13

Coinpedia Fintech News

Join our free newsletter for daily crypto updates!