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Home»ETHEREUM NEWS»MicroStrategy Plans to Buy More Bitcoin (BTC) with New Debt Offering
ETHEREUM NEWS

MicroStrategy Plans to Buy More Bitcoin (BTC) with New Debt Offering

By Crypto FlexsMarch 15, 20241 Min Read
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MicroStrategy Plans to Buy More Bitcoin (BTC) with New Debt Offering
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The convertible senior notes will bear an annual interest rate of 0.875%, compared to 0.625% on the $800 million sale of similar debt that occurred just days ago. The conversion rate for the new notes is equivalent to $2,327.31 per share, representing a premium of about 40% to MSTR’s average Thursday price of $1,662.20.

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