• microstrategy
• 16 Feb, 2021

MicroStrategy plans to raise $600 million to add additional bitcoin to its investments. The enterprise software firm will raise the funds by selling convertible senior notes to institutional buyers, according to a press release. The notes will mature on February 15, 2027, unless converted, repurchased or redeemed before then. miShares of MicroStrategy fell over 7 percent on Tuesday (Feb. 16) after the announcement was made public. The firm already owns 72,000 units of bitcoin worth $3.6 billion,
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