Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
MicroStrategy Launches $1.75 Billion Convertible Notes Offering to Buy More Bitcoin

MicroStrategy Launches $1.75 Billion Convertible Notes Offering to Buy More Bitcoin

CryptodnesCryptodnes2024/11/19 13:22
By:Cryptodnes

MicroStrategy, a prominent business intelligence firm and major Bitcoin investor, has unveiled plans to issue $1.75 billion in convertible senior notes due in 2029.

The offering, targeted at qualified institutional buyers and non-U.S. investors, may also include an option for initial purchasers to buy an additional $250 million in notes. The company intends to use the proceeds to acquire more Bitcoin and for general corporate purposes.

The zero-coupon notes, which carry no regular interest or accretion, will mature on December 1, 2029, unless redeemed, converted, or repurchased earlier.

Starting December 2026, MicroStrategy reserves the right to redeem part or all of the notes, provided at least $75 million remains outstanding. Investors may convert their holdings into cash, MicroStrategy Class A common stock, or a combination of both, depending on the company’s choice.

READ MORE:
MicroStrategy’s Billion-Dollar Bitcoin Bet: Is a Forced Sale Inevitable?

The initial conversion terms will be based on MicroStrategy’s stock price during the offering’s pricing period.

This latest move underscores MicroStrategy’s ongoing commitment to its Bitcoin-focused strategy, continuing to leverage debt to expand its cryptocurrency holdings.

Additionally, on Monday the company announced the acquisition of 51,780 BTC worth $4.61 billion, bringing its total stash to 331,200 BTC.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

YGG +193.75% 24H Due to Volatile Market Dynamics

- YGG surged 193.75% in 24 hours to $0.1572 on Aug 28, 2025, amid volatile market dynamics. - This followed a 561.34% 7-day drop, highlighting extreme short-term investor sentiment shifts. - A 660.13% monthly gain contrasts with a 6672.11% annual decline, underscoring unstable market conditions. - The rebound lacks clear fundamentals, raising doubts about sustainability amid broader bearish trends.

ainvest2025/08/28 12:28
YGG +193.75% 24H Due to Volatile Market Dynamics

Bitcoin's Weakening Momentum and the Looming Correction: A Cautionary Tale for Crypto Investors

- Bitcoin faces triple threats: deteriorating technical indicators, Fed liquidity withdrawal, and bearish options positioning trigger correction risks. - MACD divergence and RSI weakness signal momentum exhaustion, while $14.6B in BTC puts highlight market capitulation fears. - Gamma pressure intensifies near $111K, with 20% drop in perpetual futures open interest and ETF outflows from BlackRock/Fidelity. - Strategic hedging (puts/futures) and position reduction urged as liquidity shocks expose crypto mark

ainvest2025/08/28 12:24
Bitcoin's Weakening Momentum and the Looming Correction: A Cautionary Tale for Crypto Investors

Ethereum's Structural Outperformance Over Bitcoin in the Institutional ETF Era

- Ethereum dominates institutional ETFs in 2025 due to regulatory clarity, yield innovation, and infrastructure utility. - The GENIUS and CLARITY Acts reclassified Ethereum as a utility token, enabling SEC-compliant staking yields (3-5%) absent in Bitcoin's PoW model. - Ethereum ETFs attracted $9.4B in Q2 2025 vs. $552M for Bitcoin ETFs, driven by capital efficiency and deflationary supply dynamics. - Over 19 public companies now stake Ethereum for compounding returns, cementing its role as infrastructure

ainvest2025/08/28 12:24
Ethereum's Structural Outperformance Over Bitcoin in the Institutional ETF Era

Stablecoins as the New Backbone of Global Payments: The USDC Cross-Border Revolution

- Circle and Finastra integrate USDC stablecoin into GPP platform, merging blockchain speed with traditional banking systems for cross-border payments. - The hybrid model reduces settlement times by 90% and costs by 40%, bypassing correspondent banking delays while maintaining SWIFT/ISO 20022 compatibility. - USDC's $65B circulation and regulatory backing (GENIUS Act, MiCA) drive institutional adoption, with Circle's IPO valuation surging 450% amid stablecoin market growth projections. - Risks include regu

ainvest2025/08/28 12:24
Stablecoins as the New Backbone of Global Payments: The USDC Cross-Border Revolution