In his post on his X account, MicroStrategy founder Michael Saylor shared that MicroStrategy has completed the $ 800 million bond offering it planned to buy more Bitcoin.
“MicroStrategy announced today that it has completed its previously announced offering of 0.625% convertible senior notes due 2030 on March 8, 2024.
Net proceeds from the sale of the notes were approximately $782.0 million, after deducting initial purchasers’ discounts and commissions and estimated offering expenses payable by MicroStrategy.
MicroStrategy used the net proceeds from the sale of the notes to obtain additional bitcoins.”
MicroStrategy Completes $800 Million Offering of Convertible Notes at 0.625% Coupon and 42.5% Conversion Premium $MSTR https://t.co/c9TEzMqQHq
— Michael Saylor⚡️ (@saylor) March 11, 2024
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