ChainCatcher news, according to GlobeNewswire, Bitcoin mining company Bitdeer announced the issuance of $360 million in convertible preferred notes to qualified institutional buyers through a private placement, maturing in 2029.The company also granted the initial purchasers of the notes the option to purchase up to an additional $40 million in principal notes within 13 days from the date of the initial issuance. The sale of the notes is expected to be completed by November 26, 2024, subject to customary closing conditions, with the related funds intended for the expansion of data centers, the development and manufacturing of ASIC-based mining equipment, as well as working capital and other general corporate purposes.

According to ChainCatcher, as reported by Coindesk, Bitcoin-listed mining company MARA Holdings (MARA) has increased its previously announced convertible preferred note issuance from $700 million to $850 million.The company also raised the amount of the initial purchaser's option to buy additional bonds from $105 million to $150 million. The offering is expected to close on November 20 and is a private placement for qualified institutional buyers. The fundraising is expected to be approximately $833 million, of which $199 million will be used to repurchase MARA's existing $212 million convertible notes due in 2026. The remainder will be used for Bitcoin (BTC) acquisitions, asset expansion, and general corporate purposes.Previously reported yesterday, MARA plans to raise $700 million through the issuance of convertible preferred notes to purchase more Bitcoin.

ChainCatcher news, MicroStrategy announced the pricing of its $875 million convertible senior notes due in 2028, an increase from the previously announced $700 million total principal amount of the notes. These notes will be MicroStrategy's unsecured senior debt, with an interest rate of 0.625% per annum, payable semi-annually on March 15 and September 15, starting from March 15, 2025.The notes will be sold in a private placement to qualified institutional buyers, and MicroStrategy has also granted the initial purchasers of the notes an option to purchase up to $135 million in total principal amount of the notes within 13 days from the date of the initial issuance of the notes. Additionally, the offering is expected to close on September 19, 2024, subject to customary closing conditions.MicroStrategy intends to use the net proceeds from this offering to redeem all $500 million in outstanding principal amount of its 6.125% senior secured notes due 2028 ("Senior Secured Notes") and any remaining net proceeds for the purchase of additional Bitcoin and for general corporate purposes.

According to ChainCatcher news, MicroStrategy Incorporated announced that, based on market conditions and other factors, the company plans to privately issue $700 million in total principal amount of convertible senior notes (the "Notes") due in 2028 to qualified institutional buyers in accordance with Rule 144A of the Securities Act of 1933 (as amended) (the "Securities Act"). MicroStrategy also expects to grant the initial purchasers of the Notes an option to purchase up to $105 million in total principal amount of the Notes within 13 days from the date of the initial issuance of the Notes. This offering is subject to market and other conditions, and there can be no assurance as to whether, when, or on what terms the offering will be completed.The Notes will be unsecured senior debt of MicroStrategy and will bear interest, payable semi-annually on March 15 and September 15 of each year, starting from March 15, 2025. Unless repurchased, redeemed, or converted prior to maturity in accordance with their terms, the Notes will mature on September 15, 2028. Under certain conditions, MicroStrategy may redeem all or a portion of the Notes for cash on or after December 20, 2027.

ChainCatcher news, according to The Block, publicly listed Bitcoin mining company Core Scientific announced on Tuesday plans to issue up to $350 million in convertible senior notes, which will mature in 2029. The day after this announcement, the company's stock price (CORZ) fell by more than 10%.These bonds will be issued in a private placement to qualified institutional buyers and may include a provision requiring buyers to purchase an additional $52.5 million in bonds. Investors can choose to hold the senior unsecured debt until maturity or convert it into stock. Interest will be paid semi-annually.The company stated in a press release: "Core Scientific intends to use the net proceeds from this offering to fully repay its outstanding loans under the credit and guarantee agreements entered into on January 23, 2024, and to redeem all of its outstanding senior secured notes due in 2028." The remaining funds will be used for "general corporate purposes," including potential acquisitions.

ChainCatcher news, according to the official announcement, Bitcoin mining company Marathon Digital Holdings, Inc. (NASDAQ: MARA) announced plans to issue $250 million in convertible preferred notes, subject to market conditions, targeting qualified institutional investors. The notes will mature in 2031, with interest paid semi-annually.MARA plans to use the raised funds primarily for purchasing Bitcoin and general corporate purposes, including working capital, strategic acquisitions, asset expansion, and debt repayment. This note issuance is not registered under U.S. securities laws or other jurisdictions and will be conducted solely through a private placement.

ChainCatcher news, MicroStrategy announced the pricing of its 2.25% convertible senior notes ("Notes") due in 2032, with a total principal amount of $700 million. These notes will be sold in a private placement to qualified institutional buyers reasonably believed to be under Rule 144A of the Securities Act of 1933, as amended.MicroStrategy also granted the initial purchasers of the notes an option to purchase up to $100 million in aggregate principal amount of the notes within 13 days of the initial issuance of the notes. This offering is an increase from the previously announced $500 million total principal amount of notes.The offering is expected to close on June 17, 2024, subject to customary closing conditions.

ChainCatcher news, MicroStrategy announced that it plans to privately issue $500 million of convertible senior notes MSTR. These notes will be unsecured senior debt of MicroStrategy and will pay interest semi-annually on June 15 and December 15, starting from December 15, 2024.MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional Bitcoin and for general corporate purposes.

ChainCatcher news, according to Businesswire, Coinbase Global announced that it will issue $1.1 billion of convertible senior notes due in 2030, an increase from the previously announced $1 billion offering size. Coinbase also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $165 million principal amount of the notes solely to cover over-allotments.Under customary closing conditions, the sale of the notes to the initial purchasers is expected to settle on March 18, 2024, and after deducting the initial purchasers' discounts and commissions and estimated offering expenses payable by Coinbase, is expected to provide Coinbase with approximately $1.08 billion (or about $1.24 billion if the initial purchasers exercise their option to purchase additional notes in full) in net proceeds.It is reported that Coinbase intends to use the net proceeds from this offering to repay, at maturity, or from time to time prior to maturity, to repurchase or redeem its 0.50% convertible senior notes due in 2026, 3.375% senior notes due in 2028, and 3.625% senior notes due in 2031, depending on market conditions, as well as for other general corporate purposes, which may include working capital and capital expenditures, and to pay the costs of capped call transactions. If the initial purchasers exercise their option to purchase additional notes, Coinbase expects to use a portion of the net proceeds from the sale of such additional notes to enter into additional capped call transactions. Coinbase may also use a portion of the net proceeds to invest in and acquire other companies, products, or technologies.

ChainCatcher news, MicroStrategy announced that the company has completed the previously announced issuance of 0.625% convertible senior notes maturing in 2030 on March 8, 2024.It is reported that the total principal amount of the notes sold in this issuance is $800 million, which includes $100 million of notes issued under the purchase option, issued within a 13-day period from the initial issuance date of the notes (including the issuance date), with the initial purchasers fully exercising their options on March 6, 2024, and additional purchases completed on March 8, 2024. These notes were sold in a private offering to persons reasonably believed to be qualified institutional buyers under the revised Rule 144A of the Securities Act of 1933.In addition, MicroStrategy plans to use the net proceeds from the sale of the notes to purchase additional Bitcoin.

ChainCatcher news, according to official sources, MicroStrategy announced the issuance of convertible senior notes with a total principal amount of $700 million, maturing in 2030, with an interest rate of 0.625%.It is reported that the notes will be sold to qualified institutional buyers in a private placement under Rule 144A of the Securities Act of 1933 (as amended).In addition, MicroStrategy has granted the initial purchasers of the notes an option to purchase additional notes with a total principal amount of up to $100 million within 13 days from the date of the initial issuance of the notes (including that date).This issuance is larger than the previously announced principal amount of $600 million for the notes. The issuance is expected to close on March 8, 2024, subject to customary closing conditions.