MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge

MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge

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Source: Coindesk.com

MicroStrategy raised its latest convertible note offering by $200 million from an original plan of $500 million. It also offered initial buyers an option to purchase an additional $100 million of the notes. Broker Bernstein set a $2,890 price target for the company's shares.

Read More https://www.coindesk.com/business/2024/06/14/microstrategy-increases-convertible-note-offering-by-40-to-700m-in-bitcoin-splurge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge" appeared first here Coindesk.com.

Source: Coindesk.com

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