{"id":577582,"date":"2024-09-17T12:02:42","date_gmt":"2024-09-17T12:02:42","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=577582"},"modified":"2024-09-17T12:02:42","modified_gmt":"2024-09-17T12:02:42","slug":"michael-saylor-leads-microstrategy-in-700-million-fundraising-to-redeem-debt-boost-bitcoin-hoard","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/michael-saylor-leads-microstrategy-in-700-million-fundraising-to-redeem-debt-boost-bitcoin-hoard","title":{"rendered":"Michael Saylor Leads MicroStrategy In $700 Million Fundraising To Redeem Debt, Boost Bitcoin Hoard"},"content":{"rendered":"

Michael Saylor’s MicroStrategy plans a private offering of $700 million in convertible senior notes<\/a> to pay off $500 million of debt and further boost its Bitcoin hoard.<\/p>\n

This is the third debt offering by the company in 2024 and is only available to accredited institutional buyers. <\/span><\/p>\n

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MicroStrategy Announces Proposed Private Offering of $700M of Convertible Senior Notes $MSTR<\/a> https:\/\/t.co\/OCq7wj2u0P<\/a><\/p>\n

— Michael Saylor⚡️ (@saylor) September 16, 2024<\/a><\/p><\/blockquote>\n