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Growth Points Lucky Draw Round 1️⃣ 1️⃣ is coming soon!
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🔥 The 12th Anniversary Celebration is Ending Soon — Don’t Miss Your Chance to Claim Rewards
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- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 2 Is On! 🏆 Round 1 winners will be announced on May 26!
Sign up now 👉 https://www.gate.com/questionnaire/6722
Registration Period 🕙 May 23, 03:00 AM – May 26, 04:00 PM UTC
✍️ Post daily from May 26 to June 1 and share a $300 prize pool based on your post quality!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and
- 🎉 #Gate Post# Hits 50,000 Followers!
✨ To celebrate this amazing milestone, we're giving back to our incredible community!
🎁 4 Lucky Winners Will Each Receive $10 Points!
Join:
1️⃣ Follow Gate_Post
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3️⃣ Drop your congratulations in the comments!
End at 18:00, May 25 (UTC)
Just-In: MicroStrategy To Raise $1.75B Through Private Offering To Buy More Bitcoin
American business intelligence and software firm MicroStrategy Inc. has announced plans to offer the public up to $1.75 billion of its Convertible Senior Notes. The firm plans to issue these notes through a private offering, subject to market conditions. The company plans to use the funds to buy more Bitcoin (BTC) and for general corporate corporate purposes.
MicroStrategy and Latest Private Offering According to the firm’s update, the private offering will be offered to qualified institutional investors at a 0% interest rate. The company detailed that the initial purchasers have the option to purchase an additional $250 million worth of the notes. This is subject to a 3-day timeline from the initial date of the first issuance.
The offering will mature on December 1, 2029 unless it is repurchased earlier by the firm. MicroStrategy has a rich history of issuing related debt offering in the past. This is in line with its Bitcoin acquisition strategy.