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TechFlow reported, MicroStrategy founder Michael Saylor stated that MicroStrategy has completed the issuance of $800 million in convertible notes with a coupon rate of 0.625% and a conversion premium of 42.5%.
MicroStrategy used the net proceeds from the sale of the notes to purchase additional bitcoin.
MicroStrategy founder Michael Saylor announced that MicroStrategy has completed the issuance of $800 million in convertible notes with a coupon rate of 0.625% and a conversion premium of 42.5%. The net proceeds from the sale of the notes were used by MicroStrategy to purchase additional bitcoin.
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