MSTR Jan 2026 510.000 call
- Bloomberg
MicroStrategy Increases Convertible Note Sale by 40% to $700 Million
(Bloomberg) -- MicroStrategy Inc. increased its convertible note offering by 40% to $700 million, a day after the enterprise software maker announced plans to use the proceeds raised to buy more Bitcoin. Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Tesla Investors Get Behind Musk’s Fight for $56 Billion Pay DealApple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashJudge Likely to Reject $30 Billion Visa, Mastercard Fee DealLuxury Labels Sl
- Business Wire
MicroStrategy Announces Pricing of Offering of Convertible Senior Notes
TYSONS CORNER, Va., June 14, 2024--MicroStrategy® Incorporated (Nasdaq: MSTR) ("MicroStrategy") today announced the pricing of its offering of $700 million aggregate principal amount of 2.25% convertible senior notes due 2032 (the "notes"). The notes will be sold in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). MicroStrategy also granted to the initial purchasers
- CoinDesk
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.
