MicroStrategy completes its $1.05 billion debt offering, to buy more Bitcoin

Publicly traded company MicroStrategy announced the completion of $1.05 billion offering of convertible senior notes, thus allowing the firm to invest the aforementioned amount into Bitcoin. MicroStrategy sold the notes in a private offering to qualified institutional buyers on “Rule 144A under the Securities Act.” On 16 February, MicroStrategy decided to offer $600 million worth […]