Convertible debt notes are a kind of loan that can be converted into equity at the creditors' option under specific predefined terms and conditions. MicoStrategy, a leading provider of enterprise software for business intelligence systems, used convertible debt to raise $650M in funds to acquire more #bitcoin assets. The debtholders have the choice to convert their notes into stock or redeem them with cash after five years while earning an interest rate of plus 0.75% per annum when paid out without converting or redeeming the debt note earlier than maturity, stimulating growth and adoption on both sides of finance and technology spectrum through strategic capital deployment tactics.
https://youtu.be/W7Toh-6aeJ8?si=WEGr0z3hNT-NJHQj
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