MicroStrategy raised $1.01 Billion funds and shall be repaying their debt of $500 Million and remaining fund will be used to invest in Bitcoin for expansion.

MicroStrategy Inc. said it raised $1.01 billion through the sale of convertible senior notes to purchase more Bitcoin and redeem higher yielding securities.

MicroStrategy purchased an additional $489 million of Bitcoin, swelling its corporate Bitcoin treasury to over 252,000 BTC worth nearly $10 billion. The company's Bitcoin strategy aims to boost returns and hedge against inflation.

MicroStrategy completes a $1.01 billion convertible notes offering for Bitcoin and debt repayment. Here’s the latest.

MicroStrategy Incorporated has completed an approximately $1.01 billion offering of 0.625% convertible senior notes due 2028, with plans to use a portion of the proceeds for Bitcoin acquisition. The private offering,

After it unveiled plans to issue Convertible Senior Notes, MicroStrategy has completed a $1.01 billion debt offering to buy more Bitcoin

Business intelligence firm MicroStrategy (NASDAQ:MSTR) announced the pricing of its offering of $875 million in convertible senior notes, due in 2028. What Happened: This offering, expected to close by Sep.

MicroStrategy, a business intelligence and cloud-based services firm, announced its plans to sell $700 million in senior convertible notes.

Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift.

MicroStrategy announced the details of its third debt offering of 2024, underlying its commitment to Bitcoin. The technology firm intends to raise $700 million with the issuance of convertible senior notes that will mature in 2028.