MicroStrategy Raises $1.01B Offering to Buy More BTCs
MicroStrategy has concluded an approximately $1.01 billion offering of 0.625% convertible senior notes due in 2028, allocating proceeds for Bitcoin purchases and debt repayment. Targeting institutional investors, the private offering concluded on Sept. 19 and permitted the conversion of shares into cash or MicroStrategy stock. Additionally, the organization intends to allocate a portion of the […]
Coinbase to Offer $1 Billion in Convertible Senior Notes
Coinbase Global Inc., a Nasdaq-listed crypto trading firm, has disclosed its intention to issue Convertible Senior Notes with a face value of $1 billion. American cryptocurrency exchange, Coinbase Global Inc. intends to investigate convertible senior notes as a potential new capital-raising method. The Coinbase Convertible Senior Notes Coinbase alluded to its intention of issuing convertible senior […]