MicroStrategy strengthens crypto strategy amid stock decline
November 22, 2024
The company issued $3 billion in zero-coupon convertible senior bonds. These funds will be used to increase its stake in BTC, aligning with MicroStrategy's long-term strategy. The bonds offer a 55% premium with a conversion price around $672 per share, attracting investors with a long-term horizon.
Market fluctuations
The company's stock rose by 25% in one day, despite a correction caused by warnings of potential overvaluation. Since the beginning of the year, the shares have increased by 480%, strengthening its position in the U.S. market. Daily trading volume exceeded $70 billion, reinforcing the company's leadership among key players in the digital industry.
Plans for the future
The organization is not limited to simple investments — it is setting new benchmarks for corporate investments. With a goal of raising $42 billion over the next three years, it could become a driver of significant changes in global financial markets.