Content
@
0 reply
0 recast
0 reaction
Focus
@focuspocus
Michael Saylor revealed that MicroStrategy intends to sell up to $700 million in senior convertible notes to finance the acquisition of more Bitcoin and to repurchase existing debt. The private sale will depend on "market conditions," with the notes set to mature in 2028. As of June 2024, the company’s total debt stands at $3.9 billion.
0 reply
0 recast
0 reaction