News list for " conversion"
Strategy today announced that it has completed the previously announced offering of 0% Convertible Senior Notes due 2030 (the "Notes"). The total principal amount of the Notes sold in this offering is $2 billion. Net proceeds from this offering, net of fees and estimated expenses, are approximately $1.99 billion. Strategy intends to use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin and as Working Funds.
According to official news, Strategy (formerly MicroStrategy) announced pricing for the issuance of the $2 billion convertible senior notes. The conversion ratio for the notes will initially be 2.3072 shares of MicroStrategy Class A common stock per principal amount of $1,000 notes, which equates to an initial conversion price of approximately $433.43 per share.
Strategy today announced the pricing of its offering of 0% Convertible Senior Notes ("Notes") due 2030. Strategy estimates that net proceeds from the offering, net of fees and estimated expenses, will be approximately $1.99 billion (or approximately $2.28 billion if the initial purchaser fully exercises the option to purchase additional Notes). Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin and as Working Funds.
Recently, gold has been on the rise, and the center of gravity of transactions has quietly changed. Under multiple uncertainties, can changes in inflation data still dominate the market? Can the bulls make persistent efforts? (including US stock scenario deduction) > >
The Securities Exchange Commission (SEC) is seeking public comment on a proposal to convert a grey release Litecoin trust into an exchange-traded product. In a filing on Thursday, the Securities Exchange Commission accepted the application filed by NYSE Arca on behalf of Grayscale and asked that the comments be filed within 21 days of publication in the Federal Register. The agency can decide to approve, reject or "file a lawsuit."
Strategy (formerly MicroStrategy) announced at its fourth-quarter earnings report released on February 6 that its convertible preference share STRK will be listed on NASDAQ this Thursday. According to the financial report, the company lost $3.03 per share in the fourth quarter, due to the impairment loss of $1 billion due to the non-adoption of FASB accounting standards. The company said that it will start to adopt the new standards this quarter. In the newly set performance indicators, Strategy...
According to the official announcement, MicroStrategy will redeem the $1.05 billion convertible bond in 2027 and settle all conversion requests in stock.
Gold stays long waiting for non-agricultural data, bullish sentiment turns cautious; U.S. bond yields are approaching 5%, gradually approaching key buying points; U.S. oil has fallen to key support, and today may decide the next direction... > >
TraderT posted on the X platform that the Coinbase BTCUSD premium is about to turn positive.
Bitcoin miner MARA raised $1.925 billion through convertible notes in November and December. Using the proceeds from its zero-coupon convertible note offering, MARA acquired 15,574 bitcoins at approximately $98,529 per bitcoin, valued at approximately $1.53 billion, and repurchased the total principal of the existing convertible notes maturing in 2026 for approximately $263 million, and expects to use the remaining proceeds to buy more bitcoins. MARA's BTC yield is 22.5% for QTD and 60.9% for YT...
Riot Platforms, Inc. announced the issuance of its convertible senior notes ("Notes") maturing in 2030 with a total principal amount of $500 million. Riot intends to use the net proceeds from the offering to purchase additional bitcoins for general corporate purposes.
Bitcoin miner MARA completes the $1 billion convertible note financing, which includes a $150 million note issued under a purchase option granted to the initial purchaser under the purchase agreement, with a purchase option term of 13 days from the date of the initial issuance of the note, the original purchaser is fully exercised on November 19, 2024, and the additional purchase is completed on November 20, 2024.
WTI crude oil futures have turned to a futures premium for the first time since February, as the price of WTI crude oil for delivery in January next year is higher than the price of WTI crude oil for delivery in December.
FTSE China A50 index futures turned lower.
Bitcoin miner Terawulf is proposing to raise $350 million through a private issue of convertible notes, which would also give initial purchasers of the notes an option to add $75 million within 13 days of its issuance. The company has not finalized pricing and interest rates for the offering, but said the notes will mature in 2030. Terawulf intends to use the proceeds from the offering for general corporate purposes and to repurchase its outstanding common stock by December 2025 for up to $200 m...
