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Just-In: MicroStrategy To Raise $1.75B Through Private Offering To Buy More Bitcoin

source-logo  coingape.com 19 November 2024 05:00, UTC

American business intelligence and software firm MicroStrategy Inc. has announced plans to offer the public up to $1.75 billion of its Convertible Senior Notes. The firm plans to issue these notes through a private offering, subject to market conditions. The company plans to use the funds to buy more Bitcoin (BTC) and for general corporate corporate purposes.

coingape.com