MicroStrategy plans to privately place $1.75 billion in convertible senior notes to purchase Bitcoin and for general corporate purposes
ChainCatcher news, according to official sources, MicroStrategy plans to privately place $1.75 billion in 0% convertible senior notes, maturing in 2029. These notes are unsecured and interest-free, convertible into cash or stock. The proceeds will be used to purchase Bitcoin and for general corporate purposes.
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