Bitcoin pushes through $50K as Michael Saylor's Microstrategy buys more

Feb. 16, 2021 7:26 AM ETBitcoin USD (BTC-USD), MSTRBy: Niloofer Shaikh, SA News Editor113 Comments
  • MicroStrategy (NASDAQ:MSTR) to privately offer $600M of convertible senior unsecured notes due February 15, 2027, with net proceeds used to purchase more Bitcoin (BTC-USD).
  • Initial purchasers will be granted an option to purchase up to an additional $90M of the notes.

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