Bitcoin Blasts Past $50,000 as MicroStrategy Plans $600M Capital Injection

Bitcoin Blasts Past $50,000 as MicroStrategy Plans $600M Capital Injection

Bitcoin briefly surged above $50,000 on Tuesday after MicroStrategy announced that it would offer $600 million worth of convertible senior unsecured notes expiring on February 15, 2027, to purchase more of the flagship cryptocurrency. “MicroStrategy also expects to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning […]


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MicroStrategy Files to Offer $600M in Notes in Order to Buy Yet More Bitcoin

MicroStrategy said it intends to offer $600 million aggregate principal amount of convertible senior notes due 2027. This story is developing and will be updated.

Best Crypto to Buy as MicroStrategy Plans to Add $21B Worth of $BTC

Michael Saylor’s MicroStrategy plans to raise $21B for additional Bitcoin ($BTC) purchases through the At The Market (ATM) Program. Specifically, MicroStrategy will sell $21B worth of 8% Series A perpetual strike preferred stock – shares that pay an 8% dividend, have a $0.001 par value, and are convertible into MicroStrategy’s Class A common stock without […]