Opinions de PR0FESS0R(@-professor-)

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Today word of the day answer is- INNOVATE

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👁️MicroStrategy is selling $700 million more in convertible senior notes to buy back debt and more bitcoin ! •MicroStrategy is selling up to $700 million in senior convertible notes to fund additional bitcoin purchases and buyback debt. •The firm holds about $14 billion worth of bitcoin, including a $1 billion purchase last week. •MicroStrategy (ticker: MSTR), the business intelligence firm turned bitcoin-trading vehicle, plans to sell up to $700 million in convertible senior notes to fund additional BTC purchases and buy back debt, CEO Michael Saylor announced. The private offering will be “subject to market conditions” and come due in 2028. The notes will be unsecured, senior obligations of MicroStrategy — a type of debt that is not backed by collateral — and will pay interest twice a year. As of June 2024, MicroStrategy's total debt stands at $3.90 billion. The company purchased 244,800 BTC worth nearly $10 billion, including an 18,300 BTC purchase worth over $1 billion last week, according to a U.S. Securities and Exchange Commission filing. “MicroStrategy intends to use the net proceeds from this offering to redeem all $500.0 million outstanding aggregate principal amount of MicroStrategy’s 6.125% Senior Secured Notes due 2028 (the “Senior Secured Notes”) and to use any balance of the net proceeds to acquire additional bitcoin and for general corporate purposes,” the company announced. The firm has acquired a total of $9.5 billion worth of bitcoin since beginning purchases in 2020, paying an average of $38,585 per coin. #MicroStrategу #MichealSaylor #Bitcoin❗

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$BLUM airdrop binance listing confirmed. Farm blum points and earn extra blum token check link below or scan QR code ⬇️ https://t.me/blum/app?startapp=ref_fEN5Oh9TNO

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