MicroStrategy 透過可轉換票據融資 8.75 億美元，計畫進一步購買比特幣

此次發行預計將於 2024 年 9 月 19 日完成，是該公司贖回 5 億美元未償優先擔保票據並將剩餘資金用於購買更多比特幣策略的一部分。

Business intelligence firm MicroStrategy (NASDAQ:MSTR) announced the pricing of its offering of $875 million in convertible senior notes, due in 2028.

商業情報公司 MicroStrategy（納斯達克股票代碼：MSTR）宣布其 8.75 億美元可轉換優先票據發行的定價，該票據將於 2028 年到期。

This offering, expected to close by Sep. 19, 2024, is part of the company's strategy to redeem $500 million in outstanding senior secured notes and to allocate the remaining funds towards purchasing additional Bitcoin.

此次發行預計將於 2024 年 9 月 19 日完成，是該公司贖回 5 億美元未償優先擔保票據並將剩餘資金用於購買更多比特幣策略的一部分。

Don’t Miss:

不要錯過：

This ground-breaking trading app offers a ‘Buy-Now-Pay-Later' option for stocks. As the company pivots to offering equity in itself with a $500 minimum investment, here’s how to get in on the ground floor of a business that will be at the heart of a $644 billion market.

這款突破性的交易應用程式為股票提供「立即購買，稍後付款」選項。隨著該公司轉向以最低 500 美元的投資提供股權，以下是如何進入這家將成為 6,440 億美元市場核心業務的底層的方法。

According to a press release, the net proceeds from the offering are estimated at $864.1 million, with a potential increase to $997.4 million if an additional purchase option is exercised by the initial buyers.

據新聞稿稱，此次發行的淨收益估計為 8.641 億美元，如果初始買家行使額外購買選擇權，淨收益可能增加至 9.974 億美元。

The notes, which carry a 0.625% interest rate, will be convertible into cash, shares of MicroStrategy's Class A common stock, or a combination of both, providing flexibility to noteholders.

這些票據的利率為 0.625%，可轉換為現金、MicroStrategy A 類普通股或兩者的組合，為票據持有人提供了靈活性。

Led by Executive Chairman Michael Saylor, MicroStrategy began acquiring Bitcoin in 2020, positioning it as a reserve asset within the company's treasury.

在執行主席 Michael Saylor 的領導下，MicroStrategy 於 2020 年開始收購比特幣，將其定位為公司財務中的儲備資產。

Trending: Groundbreaking trading app with a ‘Buy-Now-Pay-Later' feature for stocks tackles the $644 billion margin lending market – here’s how to get equity in it with just $500

熱門話題：具有「先買後付」股票功能的突破性交易應用程式可應對 6,440 億美元的保證金貸款市場 - 以下是如何僅用 500 美元即可獲得股權的方法

Since then, the firm has grown into the largest corporate holder of Bitcoin, amassing 244,800 BTC, valued at around $14.2 billion at current prices.

此後，該公司已成長為最大的比特幣企業持有者，持有 244,800 枚比特幣，以當前價格計算，價值約 142 億美元。

Recently, the company disclosed a new Bitcoin purchase worth $1.1 billion, leaving $900 million still available from a prior funding round.

最近，該公司披露了一項價值 11 億美元的新比特幣購買計劃，距離上一輪融資仍有 9 億美元可用。

The redemption of the $500 million senior secured notes, scheduled for Sep. 26, is contingent on the success of this new convertible notes offering.

定於 9 月 26 日贖回 5 億美元的優先擔保票據，取決於此新可轉換票據發行的成功。

The redemption will release approximately 69,080 BTC that were used as collateral, providing further flexibility to the company's balance sheet.

此次贖回將釋放約 69,080 BTC 作為抵押品，為公司的資產負債表提供進一步的靈活性。

These trends will be discussed at Benzinga's Future of Digital Assets event on Nov. 19, where the role of Bitcoin in institutional portfolios and broader adoption of digital assets will be key points of focus.

這些趨勢將在 11 月 19 日的 Benzinga 數位資產未來活動上進行討論，比特幣在機構投資組合中的作用和數位資產的更廣泛採用將成為焦點。

What’s Next:

下一步是什麼：

With returns as high as 300%, it’s no wonder this asset is the investment choice of many billionaires. Uncover the secret.

回報率高達300%，難怪這項資產成為許多億萬富翁的投資選擇。揭開秘密。

During market downturns, investors are learning that unlike equities, these high-yield real estate notes that pay 7.5% – 9% are protected by resilient assets, buffering against losses.

在市場低迷期間，投資人了解到，與股票不同，這些年利率為 7.5% 至 9% 的高收益房地產票據受到彈性資產的保護，可以緩衝損失。

The Impact of Bitcoin on MicroStrategy's Balance Sheet

比特幣對 MicroStrategy 資產負債表的影響

MicroStrategy's balance sheet has undergone a significant transformation since the company began allocating a portion of its treasury reserves to Bitcoin.

自從該公司開始將部分庫存儲備分配給比特幣以來，MicroStrategy 的資產負債表經歷了重大轉變。

As of June 30, 2024, MicroStrategy held approximately $2.44 billion in cash and cash equivalents, down from $4.08 billion at the end of 2021. This decrease is primarily attributed to the company's Bitcoin purchases, which totaled $3.98 billion.

截至 2024 年 6 月 30 日，MicroStrategy 持有約 24.4 億美元的現金和現金等價物，低於 2021 年底的 40.8 億美元。

On the other hand, MicroStrategy's total assets increased from $7.06 billion in December 2021 to $8.03 billion in June 2024, largely due to the appreciation of its Bitcoin holdings.

另一方面，MicroStrategy 的總資產從 2021 年 12 月的 70.6 億美元增加到 2024 年 6 月的 80.3 億美元，這主要是由於其持有的比特幣升值。

The company's total liabilities also decreased, from $2.2 billion to $1.74 billion over the same period.

同期該公司的總負債也從 22 億美元下降至 17.4 億美元。

Overall, MicroStrategy's balance sheet appears to be stronger, with a lower debt-to-asset ratio and increased liquidity. The company's strategy of holding Bitcoin as a reserve asset has contributed to these positive balance sheet trends.

整體而言，MicroStrategy 的資產負債表似乎更為強勁，負債資產比率較低，流動性增加。該公司持有比特幣作為儲備資產的策略促成了這些積極的資產負債表趨勢。