Photo: Coindesk
MicroStrategy said Monday it plans to sell up to $400 million in a convertible senior notes offering that will likely fund yet more bitcoin allocations.
The business intelligence company said in a press release it will "invest the net proceeds from the sale in bitcoin (BTC, -1.81%) in accordance with its Treasury Reserve" after first making way for business expenses.
Only "qualified institutional buyers" will be permitted to buy the interest-bearing notes, which mature in five years. MicroStrategy can convert the notes into cash, class A shares or a combination of the two starting in Dec, 2023.
Last week, Chief Executive Michael Saylor expanded MicroStrategy's bitcoin treasury reserve to 40,824 bitcoins.
Reprinted from Coindesk, the copyright all reserved by the original author.
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
古いコメントはありません。ソファをつかむ最初のものになりましょう。