MicroStrategy Completes $10.1 Billion Convertible Note Offering

IconCryptoNewsTerminal Staff20 Sep, 2024

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MicroStrategy Completes $10.1 Billion Convertible Note Offering

MicroStrategy has issued $1.01 billion in convertible notes that will mature in 2028. The convertible senior notes will carry interest at an annual rate of 0.625%, said Michael Saylor, founder, chairman, and CEO of MicroStrategy.