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CoinGape

MicroStrategy completes private offering of $1.01 billion in Convertible Senior Notes

CoinGape
Summary
Nutrition label

54% Informative

American blockchain intelligence and software firm MicroStrategy Inc. has completed the private issuance of $1.01 billion in Convertible Senior Notes .

The Michael Saylor-led firm noted that the offering was oversubscribed, underscoring the public’s belief in its Bitcoin strategy.

The original target was to offer a total of $700 million worth of debt notes with a Bitcoin purchase underlying the push.

VR Score

31

Informative language

21

Neutral language

25

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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