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 […] The post Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases appeared first on Bitcoin News.
Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases
Bitcoin.com - 12 Dec 2020 18:30
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 […] The post Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases appeared first on Bitcoin News.
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