Microstrategy Completes $3B Debt Offering to Expand Bitcoin Holdings; Shares Drop 16%

Microstrategy has finalized a $3 billion convertible note offering, further bolstering its position as a leading bitcoin (BTC) holder with 331,200 BTC now valued at $32.519 billion. Microstrategy Finalizes Convertible Notes Sale Worth $3 Billion Microstrategy Incorporated (Nasdaq: MSTR), known for its significant bitcoin (BTC) investments, has completed a $3 billion offering of convertible senior […]

Nov 22, 2024 - 03:00
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Microstrategy Completes $3B Debt Offering to Expand Bitcoin Holdings; Shares Drop 16%
Microstrategy Completes $3B Debt Offering to Expand Bitcoin Holdings; Shares Drop 16%Microstrategy has finalized a $3 billion convertible note offering, further bolstering its position as a leading bitcoin (BTC) holder with 331,200 BTC now valued at $32.519 billion. Microstrategy Finalizes Convertible Notes Sale Worth $3 Billion Microstrategy Incorporated (Nasdaq: MSTR), known for its significant bitcoin (BTC) investments, has completed a $3 billion offering of convertible senior […]

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