Published 2 months ago

Tysons company keeps betting big on bitcoin

Summary by Ground News

MicroStrategy will sell $700 million in unsecured senior notes at an interest rate of 0.625% paid semi-annually. The notes mature in 2030, and can be redeemed for cash or MicroStrategy stock. Investors will also have the option to purchase up to $100 million in additional notes, bringing the total to $800 million.

0 Articles

All

Left

Center

Right

Washington Top News

Tysons company keeps betting big on bitcoin

Tysons, Virginia-based MicroStrategy, a business intelligence software company which now calls itself the world’s first Bitcoin development company, will borrow money to add to its massive Bitcoin holdings. MicroStrategy will sell $700 million in unsecured senior notes at an interest rate of 0.625% paid semi-annually. The notes mature in 2030, and can be redeemed for cash or MicroStrategy stock. Investors will also have the option to purchase up…

2 months ago·Washington, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.