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Microstrategy will offer $500 million of convertible senior notes. 
The company plans to use the net proceeds from the bond sale to purchase additional Bitcoin and for general corporate purposes. 
The Company also intends to grant initial purchasers of the notes an option to purchase up to an additional $75 million in aggregate principal amount of the notes. This option can be exercised within a period of 13 days from the date the notes are first issued. 
Completion of the offering will be subject to market and other conditions. Therefore, there is no guarantee as to whether, when or on what terms the offering will be completed. 
MicroStrategy plans to use the net proceeds from the sale of the notes to purchase additional BTC and for general corporate purposes. 
Saylor said on Monday that Bitcoin would “eat gold.” He stated that as ETFs increase, many more institutional investors will own digital currencies. Saylor is also bullish on next month's halving, which occurs every four years and slows down the supply of coins, reducing the amount of sales. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/just-in-microstrategy-to-offer-500-million-convertible-senior-notes-plans-to-buy-bitcoin/">JUST IN: MicroStrategy to Offer $ 500 Million Convertible Senior Notes – Plans to Buy Bitcoin</a>

JUST IN: MicroStrategy to Offer $ 500 Million Convertible Senior Notes – Plans to Buy Bitcoin

Bitcoin Sistemi EN

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