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3232Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC
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Mon, 07 Jun 2021 15:00:32 +0000https://www.digit.info/2021/06/07/microstrategy-selling-400m-bonds-to-buy-bitcoin-holding-to-exceed-100000-btc/Read more]]>Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins. Microstrategy Acquiring More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) announced Monday it intends to offer $400 million of “senior secured notes due 2028” in a […]