MicroStrategy Announces Pricing of Offering of 0% Convertible Senior Notes

TL;DR


Summary:
- MicroStrategy, a leading provider of enterprise analytics and mobility software, announced the pricing of $650 million aggregate principal amount of 0.750% convertible senior notes due 2024.
- The notes will be convertible into cash, shares of MicroStrategy's class A common stock, or a combination thereof, at MicroStrategy's election.
- The offering is expected to close on November 25, 2019, subject to customary closing conditions.

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