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TechFlow reports that MicroStrategy has announced the full redemption of its outstanding 0.750% convertible senior notes, totaling $650 million, with a redemption date of July 15, 2024.
Noteholders may elect to convert their notes into shares of MicroStrategy's Class A common stock prior to July 11, 2024.
MicroStrategy announced the full redemption of its outstanding 0.750% convertible senior notes, totaling $650 million, with a redemption date of July 15, 2024. Holders may elect to convert their notes into shares of MicroStrategy's Class A common stock prior to July 11, 2024. MicroStrategy believes the combination of its structure, Bitcoin strategy, and technological innovation provides a unique opportunity for value creation.
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