Content
@
0 reply
0 recast
0 reaction
Naghmehπ©
@naghmehm66
Good afternoon /sense family Announced a private offering of $700 million of senior convertible notes due 2030. Eligible institutional buyers may purchase these notes with an additional $105 million option to purchase. Earnings come from Bitcoin accumulation, company development, strategic acquisitions, and debt repayments. This is a really bold proposition.Especially after Peter Schiff, an ardent Bitcoin skeptic, provocatively and sarcastically suggested selling $2.7 trillion in US Treasury Social Security to buy Bitcoin, claiming it could solve its funding crisis. to solve The bitcoin mining company will use up to $200 million of the proceeds to repurchase some of its outstanding 2026 convertible notes. They will use the remainder to raise bitcoins and support the company's goals, including expansion, acquisitions and debt servicing.
6 replies
1 recast
16 reactions
Selena π©
@selena65
160 $DEGEN Thanks for sharing this info
1 reply
0 recast
0 reaction
$DEGEN Tip Bot
@degentipbot.eth
β 160 tipped β 3 remaining 362 / 365 (99%) π§π§π§π§π§π§π§π§π§π§
0 reply
0 recast
0 reaction