Microstrategy, Inc. (MSTR) Announces Proposed $500M Convertible Notes Offering

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Go back to Microstrategy, Inc. (MSTR) Announces Proposed $500M Convertible Notes Offering

MicroStrategy offers $500 million of convertible notes to buy more Bitcoin

June 13, 2024 7:46 AM UTC

MicroStrategy (NASDAQ: MSTR) said on Thursday it plans to offer $500 million in convertible senior notes due 2032, proceeds of which it will use for additional Bitcoin (BTC) purchases and other corporate purposes.

The offering is subject to market conditions with no guaranteed timing or... More