BlockBeats news reported that MicroStrategy plans to privately raise $1.75 billion of 0% convertible senior notes with a 2029 maturity date. These no
tes are unsecured, interest-free, and can be converted into cash and stock. The funds will be used for Bitcoin purchases and general corporate needs.
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<p>The post MicroStrategy to Raise $1.75 Billion for Bitcoin Purchase first appeared on CoinBuzzFeed.</p>
