MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet

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By Eurex Coin 8 June 2021 | 2:30 pm

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet


MicroStrategy Inc. plans to borrow $400 million through senior secured notes from qualified institutional buyers. The company plans to use the proceeds made from the sales to purchase more Bitcoins. (Read More)

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