Jamie Crawley is a CoinDesk news reporter based in London.
The private placement was upsized from an originally planned $500 million and the purchasers were granted an option to buy up to an additional $78.5 million of the paper, meaning proceeds are likely to be in the $600 million area.
The convertible senior notes will have an interest rate of 0.875% per annum compared to 0.625% in a sale of $800 million of similar debt that took place just days ago. The conversion rate of the new notes will be equivalent to $2,327.31 per share, representing a premium of approximately 40% on MSTR's Thursday average price of $1662.20.MSTR shares dropped 5% on Thursday as bitcoin declined below $70,000. Shares are lower by 3.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
BlackRock's Bitcoin ETF Nears 200K BTC, Passing Michael Saylor's MicroStrategyHelene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Les mer »
Michael Saylor's MicroStrategy Raising Another $500M to Buy More BitcoinStephen Alpher is CoinDesk's managing editor for Markets. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
Les mer »
Bitcoin Bull Michael Saylor Says He Will Be Buying BTC "Forever"MicroStrategy's Michael Saylor announces plans to continue buying Bitcoin indefinitely
Les mer »
'Bitcoin Popularity Secret' Revealed by Michael Saylor on CNBCBitcoin evangelist Saylor endorses Bitcoin on CNBC, explaining how it is going to defeat gold and rise further
Les mer »
Crucial Bitcoin Message Sent by Michael Saylor to Community As BTC Tops $61,000Vocal Bitcoin evangelist has made an important Bitcoin call on the global cryptocurrency community
Les mer »
Michael Saylor Doubles Down on His Bitcoin Bet, Dismissing GoldMicroStrategy founder has made bullish Bitcoin statement doubling down on his BTC bet
Les mer »