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cover of episode $875,000,000 Convertible Note at 0.625% Interest Rate | Chapter 7

$875,000,000 Convertible Note at 0.625% Interest Rate | Chapter 7

2024/9/19
logo of podcast MSTR Daily

MSTR Daily

Shownotes Transcript

Microstrategy's new convertible debt offering was over subscribed from $700 million to $875 million at an interest rate of 0.625%. This is an incredible way to get rid of old debt, buy Bitcoin, and keep annual interest expense low.