NewsBriefs - MicroStrategy plans to boost Bitcoin holdings with new $500 million bond sale

Jun 13, 11:30 AM Crypto Briefing

MicroStrategy plans to boost Bitcoin holdings with new $500 million bond sale

MicroStrategy is set to increase its Bitcoin portfolio through a $500 million offering of convertible senior notes, intended for institutional buyers, with an additional option for $75 million. These unsecured senior obligations, maturing in 2032, may be converted into cash, MicroStrategy stock, or a mix of both. This move marks the company's third major convertible notes initiative in 2024, aiming to expand its already substantial Bitcoin holdings of 214,440 coins valued at approximately $14.4 billion.

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• Mar 24, 10:00 AM DWF Labs

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• Mar 24, 10:00 AM dYdX

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• Mar 23, 4:33 PM The Block

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• Mar 21, 5:55 PM The Block

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• Mar 21, 1:00 PM TON

  TON Foundation clarifies $400M in Toncoin held by top US VCs, not raised

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• Mar 21, 11:30 AM Maiga.ai

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• Mar 21, 4:00 AM The New York Times

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• Mar 21, 1:00 AM Metaplanet

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• Mar 20, 11:37 PM The Block

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• Mar 20, 11:31 PM The Block

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• Mar 20, 4:17 PM The Block

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• Mar 20, 2:18 PM The Block

  TON Foundation secures over $400 million in Toncoin sales with major VC participation

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• Mar 20, 11:49 AM The Block

  Gotbit founder agrees to forfeit $23 million in plea deal for market manipulation

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• Mar 20, 5:40 AM Bloomberg

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