MicroStrategy completes $800 Million offering of Convertible Notes at 0.625% Coupon and 42.5% Conversion Premium.
MicroStrategy has acquired an additional 12,000 BTC for ~$821.7M using proceeds from convertible notes & excess cash for ~$68,477 per bitcoin. As of 3/10/24, MSTR hodls 205,000 BTC acquired for ~$6.91B at average price of $33,706 per bitcoin.
https://x.com/saylor/status/1767151492010508566
https://x.com/saylor/status/1767158870294605904
