MicroStrategy...Again

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This morning, I was fooling around on the interwebs and I found this little nugget. It was announced on Friday, but I totally missed it!

Well, MicroStrategy strategy strikes again! MicroStrategy, announced on Friday, that they completed a $650 Million offering of 0.750% Convertible Senior Notes. The notes are due December 15, 2025!

The net proceed from this sale is estimated to be $34.9 Million, and is expected to be used to acquire more Bitcoin!

The full announcement can be read here!

This again is wonderful news! No doubt, it helped the price rebound this weekend, and has added fuel to the rocket ship!

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Posted Using LeoFinance Beta

Posted Using LeoFinance Beta



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1 comments
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MS is doing a clever move on their BTC investment. And they are showing everyone in this space how to do it like a pro. Awesome news! Cheers

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