MicroStrategy issues 0% interest notes to raise $1.75B for Bitcoin purchase

From Cointelegraph

November 18, 2024 5:44:34 pm:

MicroStrategy has issued a 0% senior convertible note, saving them from paying regular interest to bondholders. This move allows the company to raise capital without incurring additional debt service costs.

Read more at Cointelegraph: MicroStrategy to raise $1.75B with 0% interest notes to buy Bitcoin