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Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR
10.4.2024
MicroStrategy's convertible bonds are due in December 2025, and seem due to a large-scale conversion into equity.
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Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike
13.3.2024
Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would...
Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases
12.12.2020
Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75%...