MicroStrategy to redeem $1.05b senior notes
MicroStrategy, the largest corporate holder of Bitcoin, has announced plans to redeem all outstanding 0% convertible senior notes due in 2027, totaling approximately $1.05 billion. The redemption is set for Feb. 24, 2025, at 100% of the principal amount, plus any accrued interest. Noteholders have until Feb. 20, 2025, to convert their notes into MicroStrategy’s […]
Riot Platforms acquire $68m of Bitcoin after senior notes offer
Bitcoin infrastructure firm Riot Platforms has acquired millions of dollars of Bitcoin in the past few hours. This action was followed after the company announced a senior notes offer. According to Arkham Intelligence data on Dec. 11, Riot Platforms acquired… Source link
