Convertible bonds – DIGIT INFO

Riot Platforms raising $500M to buy Bitcoin amid price surge

DIGIT — Mon, 09 Dec 2024 18:27:37 +0000

If it follows through with its proposal, Riot Platforms will join many of its colleagues in paying top prices for BTC.

Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

DIGIT — Wed, 13 Mar 2024 15:15:53 +0000

Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” Coinbase […]

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Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

DIGIT — Sat, 12 Dec 2020 16:30:34 +0000

Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75% interest per year. The […]

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