Microstrategy, Inc. (MSTR) sees impairment loss of at least $284.5 million related to its bitcoin

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Microstrategy, Inc. (MSTR) said existing approximately 92,079 bitcoins will be held by a newly formed subsidiary

June 7, 2021 8:41 AM EDT

Microstrategy, Inc. (NASDAQ: MSTR) said existing approximately 92,079 bitcoins will be held by a newly formed subsidiary, MacroStrategy LLC.

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Microstrategy (MSTR) Announces Proposed Offering of $400M of Senior Secured Notes to Buy More Bitcoin

June 7, 2021 8:30 AM EDT

MicroStrategy® Incorporated (Nasdaq: MSTR) (MicroStrategy) today announced that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of senior secured notes due 2028 (the notes) in a private offering to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the Securities Act) and to persons... More