MicroStrategy surprises again! 🚀
The company increased the size of the convertible bond offering from $1.75 billion to $2.6 billion, giving investors an additional option for another $400 million! 💼📈
💡 Why is this important?
These zero-interest bonds due in 2029 are intended for large institutional investors and international buyers. This means that MicroStrategy continues to raise huge funds for its ambitious plans, likely related to buying even more Bitcoin! 🔥
📅 The placement is expected to close on November 21, 2024.
📊 What does this mean for the market?
These moves strengthen MicroStrategy's position as a leading company in the world of digital assets and demonstrate high investor interest in innovative financial instruments.
💬 Do you think MicroStrategy will make another big purchase of BTC? Write your thoughts below! 👇👇👇