MicroStrategy It has priced a $700 million offering of 2.25% convertible bonds, which is expected to close on June 17.
MicroStrategy Net proceeds from the sale are expected to be approximately $687.8 million, with the intent to use the proceeds to purchase additional Bitcoin alongside general corporate purposes. The company currently holds 214,400 Bitcoins.
On June 13, the company said it was seeking to raise $500 million through an IPO with options for an additional $75 million.
refer : theblock.co
The post MicroStrategy expects! Income from the sale of shares will be approximately 25,207 million baht. The deal is set to close on June 17. appeared first on Bitcoin Addict.