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CoinGape

2021-02-17 13:35:42

MicroStrategy Increases the Value of Proposed Convertible Notes From $600M to $900M

MicroStrategy Increases the Value of Proposed Convertible Notes From $600M to $900M

MicroStrategy, the software solution giant yesterday announced the sale of its convertible senior notes worth $600 million to buy more bitcoin, today the company has increased the value of the offering to $900 million. The senior convertible notes act as the debt security that offers the buyer an option to convert these notes into cash, The post MicroStrategy Increases the Value of Proposed Convertible Notes From $600M to $900M appeared first on Coingape.

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