Thursday, November 14, 2024
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MicroStrategy’s Bitcoin-Driven Offering Boosted to $650M After Notes Buyer Bought $100M More

MicroStrategy announced Friday it raised $650 million, up from a recently boosted $550 million, in a convertible senior note sale designed to allow the business intelligence company to buy more bitcoin.The company estimates $634.9 million of that sum – the net proceeds – will be available for bitcoin allocations in

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