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MicroStrategy issues second convertible debt this month to buy more bitcoin
By Medha Singh (Reuters) -MicroStrategy will raise capital through convertible bonds offering to buy bitcoin for the second time in less than 10 days, as the aggressive crypto investor looks to increase its exposure to the booming cryptocurrency. The software firm said after markets closed on Wednesday that it was offering $500 million in convertible […]
Coinbase Plans To Raise $1B From Convertible Notes
Coinbase Plans To Raise $1B From Convertible Notes Coinbase, the leading US-based cryptocurrency exchange, is raising $1 billion through senior convertible notes. These notes act like loans that can be converted into company stock later. The funds will be used to repay existing debt and for general business purposes, according to a company blog post. […]
Coinbase Global Plans to Offer $1 Billion in Convertible Notes
(Bloomberg) — Coinbase Global Inc., the largest US cryptocurrency exchange, said it plans to offer $1 billion in convertible senior notes to repay existing debt and for general corporate purposes. Most Read from Bloomberg The notes maturing in 2030 will be sold through a private offering to institutional investors, Coinbase said in a statement Tuesday. […]
MicroStrategy to Offer $600 Million in Convertible Notes to Buy More Bitcoin
(Bloomberg) — MicroStrategy Inc., the largest corporate holder of Bitcoin, proposed increasing its cache of the largest cryptocurrency through the sale of $600 million in convertible senior notes. Most Read from Bloomberg The value of Bitcoin holdings on the enterprise software maker’s balance sheet has increased to around $13 billion since the company started purchasing […]
Microstrategy shares fall after announcing convertible offering to buy bitcoin
By Chuck Mikolajczak NEW YORK (Reuters) – Microstrategy shares fell in extended trade on Monday, after the company announced a private offering for $600 million in convertible senior notes, with proceeds to be used to buy bitcoin. Shares of the bitcoin development company were down 3.3% at $1,290 after surging 23.59% to $1,334.01 during trading […]
Oklahoma Police Pull Over Toddler Driving A Hot Pink Convertible
Read the full story on The Backfire News Oklahoma Police Pull Over Toddler Driving A Hot Pink Convertible Every once in a while, there’s a cute little story involving police, a neighbor, a dog, etc. and a small child which absolutely takes the internet by storm. Just such a story broke recently in Okarche, Oklahoma […]