MicroStrategy shares are trading higher. The company priced its $700 million convertible debt offering.
Portfolio Pulse from Benzinga Newsdesk
MicroStrategy shares are trading higher following the pricing of its $700 million convertible debt offering.
June 14, 2024 | 3:11 pm
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MicroStrategy shares are trading higher after the company successfully priced its $700 million convertible debt offering. This move is likely seen as a positive step towards raising capital.
The successful pricing of the $700 million convertible debt offering is a significant capital-raising event for MicroStrategy. Investors are likely viewing this as a positive development, leading to a short-term increase in the stock price.
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