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MicroStrategy Completes $3 Billion Convertible Notes Offering
2024-11-22 00:04:44
Odaily News According to official news, MicroStrategy completed the issuance of $3 billion convertible notes at a 0% coupon rate, including an option granted to the initial purchaser under the note purchase agreement, which allows the purchase of additional notes within 3 days of the first issuance of the notes, with a total amount of $400 million. The initial purchaser fully exercised the option on November 20, 2024, and completed the purchase of additional notes on November 21, 2024.