MicroStrategy has unveiled an ambitious plan to raise $1.75 billion through a private offering of zero-interest convertible senior notes, maturing in December 2029. The Virginia-based tech firm aims to use these funds to expand its Bitcoin holdings and for other corporate expenditures. This offering targets institutional investors and select non-U.S. purchasers, emphasizing the company’s commitment to leveraging digital assets for growth.

Convertible senior notes offer a unique investment opportunity, allowing holders to convert their debt into company stock or cash. This strategy provides both growth potential through stock appreciation and risk mitigation via fixed payments, making it an attractive proposition for investors. Moreover, MicroStrategy is enhancing the deal by offering an additional $250 million in notes if the initial batch is quickly taken.

Further boosting investor confidence, MicroStrategy will conduct a detailed webinar on November 19, 2024, to discuss the offering specifics. The session will cater to qualified institutional buyers who have completed a necessary investor survey, ensuring a well-informed participant base for this significant financial venture.

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