MSTR - Why MicroStrategy Stock Is Down Today | Benzinga
MicroStrategy Incorporated (NASDAQ:MSTR) shares are trading flat Friday after the company announced pricing of its offering of convertible senior notes.
The Details:
MicroStrategy announced the pricing of its offering of $525 million aggregate principal amount of 0.875% convertible senior notes due 2031. The company also granted an option to purchase up to an additional $78.75 million aggregate principal amount of the notes.
The offering was upsized from the previously announced offering of $500 million aggregate principal amount of notes and is expected to close on March ...