MicroStrategy 完成 2029 年到期的 30 亿美元可转换优先票据发行
Cryptopolitan
2024年11月22日 08:26
领先的商业智能公司 MicroStrategy 宣布完成价值 3B 美元的 0% 可转换高级票据发行，将于 2029 年到期。筹集的资金将用于为全球最大的Bitcoin财务公司购买更多Bitcoin。 MicroStrategy 首席执行官表示，可转换优先票据的溢价为 55%，隐含执行价为 672 美元。
这家商业情报公司澄清说，“无担保”优先票据不会定期产生利息。相反，它透露以折扣价出售的可转换债券将到期至面值。在 MicroStrategy 于 11 月 18 日宣布筹集 1.75B 美元之后，此次发行了 3B 美元的债券，并于 11 月 20 日增加至 $2.6B。
根据 MicroStrategy 最近的公告，这些发行是该公司计划在未来三年内筹集 42B 美元以在 21/21 战略下积累更多 BTC 的计划的一部分。该公司早些时候曾提到其战略计划，即拥有 21B 美元的固定收益证券和 21B 美元的股权。 Saylor trac的数据显示，该公司持有的 BTC 数量是所有公司中最多的，有 332.2KBitcoin价值超过 $32.7B。
MicroStrategy 获得资金购买更多Bitcoin
$MSTR已完成 30 亿美元的可转换票据发行，票息为 0%，溢价为 55%，隐含执行价约为 672 美元。 https://t.co/GzO0br0Xfh
—迈克尔·塞勒⚡️ (@saylor) 2024 年 11 月 21 日
The firm’s November 21st press release confirmed that the net proceeds from the completed sale of the notes were $2.97 billion. According to MicroStrategy, the reduced amount was arrived at after deducting the initial buyers’ discounts, commissions, and estimated offering expenses payable by the firm.
The publicly traded company announced that it intended to use all the proceeds to acquire additional Bitcoin and for general corporate purposes. MicroStrategy could acquire nearly 30,270 BTC if all the $3 billion went to buying Bitcoin. MSTR actually needs 36K BTC to get to 2% of the circulating supply.
Interestingly, Google Finance data revealed that MSTR shares dropped over 25% from $536.7 to $397.28 on November 21st. As per the data, MSTR’s change in share price included a 5.3% recovery in after-hours trading. The data confirmed that MSTR was the second most-traded stock in the U.S. on November 20th, and it was up 480% YTD.
The fall came as Citron Research disclosed that it had hedged a short position on MSTR. Citron Research suggested that MSTR shares had become ‘overheated’ and that its volume had ‘completely detached from Bitcoin fundamentals.’ Bloomberg’s senior analyst Eric Balchunas revealed that MicroStrategy contributed nearly $50 billion to the record-setting $70 billion trading volume on November 21st.
Michael Saylor loses voting control amid soaring BTC acquisition
‘On the Brink’ podcast co-host Matt Walsh pointed out that Saylor no longer had voting control of MicroStrategy. According to MSTR filings, MicroStrategy’s ‘controlled company status’ changed due to the volume of shares sold under the Sales Agreements. The filings read in part that the Executive Chairman would no longer hold more than 50% of the aggregate voting power.
Saylor previously held 51.7% of the voting rights before the issuance of a significant amount of stock and debt to buy Bitcoin. Nasdaq classified MicroStrategy as a ‘controlled company’ due to Saylor’s sole control over the company’s management and decision-making.
However, CrossAngle wrote that MicroStrategy had to establish a new board nominating committee led by Carl Rickertsen since it no longer enjoyed exemptions under Nasdaq’s governance rules. MicroStrategy was also required to adopt a new nomination committee charter, as per CrossAngle’s report. The Web3 research and analytics platform noted that further details about MicroStrategy’s restructuring would be disclosed in future U.S. SEC filings, which are expected no later than February 2025.
A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.