Galaxy Digital Plans to Raise $500 Million in Debt Market to ‘Accelerate Growth Initiatives’

Galaxy Digital Plans to Raise $500 Million in Debt Market to 'Accelerate Growth Initiatives'Galaxy Digital Holdings Ltd. has revealed the firm is looking to raise $500 million in an exchangeable senior note offering. The investment company, founded by billionaire investor Mike Novogratz in January 2018, aims to use the funds to “accelerate growth initiatives across its business lines.” Galaxy Reveals Exchangeable Senior Note Offering The investment firm Galaxy […]

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Microstrategy to Sell $600 Million Worth of Convertible Notes to Buy More Bitcoin

Microstrategy to Sell $600 Million Worth of Convertible Notes to Buy More BitcoinThe publicly listed company Microstrategy announced that it has plans to purchase more bitcoin after acquiring 71,079 bitcoin during the last six months. On Tuesday, Microstrategy revealed its plans to sell $600 million in convertible senior notes to qualified institutional buyers in order to use the funds for bitcoin. Selling Convertible Notes for Bitcoin At […]

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