MicroStrategy Raises $1.01B for Bitcoin
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Convertible NotesCoinGape
•MicroStrategy completes private offering of $1.01 billion in Convertible Senior Notes
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.
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