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CoinGape

2021-02-16 12:40:26

MicroStrategy Announces Proposed Private Offering of $600 Million of Convertible Senior Note to Buy More Bitcoin

MicroStrategy Announces Proposed Private Offering of $600 Million of Convertible Senior Note to Buy More Bitcoin

MicroStrategy, the software giant and one of the leading Bitcoin proponent institutions has announced a Proposed Private offering of $600 million of Convertible Senior Notes, which the company intends to use to buy more bitcoin. Microstrategy has already bought nearly $1.6 billion in bitcoin by converting a portion of their treasury cash. The official press The post MicroStrategy Announces Proposed Private Offering of $600 Million of Convertible Senior Note to Buy More Bitcoin appeared first on Coingape.

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