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  • 16 February
  • 2w

    MicroStrategy Wants to Hoard More Bitcoin with $600M Private Offering

    be[in]crypto
Tue, Feb 16, 2021 8:17 PM by be[in]crypto

MicroStrategy Wants to Hoard More Bitcoin with $600M Private Offering

MicroStrategy’s proposed private offering for Bitcoin will feature the sale of $600 million in convertible senior notes. Convertible senior notes are low-risk bonds that must be paid before debts if the issuer goes bankrupt. Investors can convert them into shares of the issuer’s common stock. MicroStrategy will issue these notes to accredited investors along with … Continued The post MicroStrategy Wants to Hoard More Bitcoin with $600M Private Offering appeared first on BeInCrypto.

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