bond

Virginia-based software company MicroStrategy has announced a $700 million convertible bond offering to boost its Bitcoin reserves and pay down debt. The offering, targeting qualified institutional buyers, will mature in 2028. The firm expects it will raise significant capital to redeem $500 million in existing debt while acquiring more Bitcoin. From Boardrooms to Kingdoms: Bitcoin Adoption Grows Worldwide The notes will bear interest payable semi-annually and will be convertible into cash, MicroStrategy shares, or both. Additionally, MicroStrategy intends to use…

The post KfW To Launch $108M Blockchain Bond: The Game-Changer! appeared first on Coinpedia Fintech News A Germany state owned development bank KfW, is stepping into the future. They are planning to launch  blockchain based digital bonds. It’s a big deal because it shows how traditional finance is starting to warm up to the world of cryptocurrency and blockchain. Let’s explore what is going to happen and what to expect from it. Taking a Leap Forward KfW isn’t new to…

Japanese investment firm Metaplanet has announced the issuance of a $6.2 million bond to bolster its Bitcoin (BTC) holdings. The issuance of bonds is a key step in improving Metaplanet’s financial situation and offering its customers new investment opportunities. As Metaplanet continues to expand its Bitcoin holdings, the firm is positioning itself as a key player in Japan’s crypto market. What’s Behind Metaplanet’s Bitcoin Investment Strategy? Metaplanet revealed its bond issuance plan on June 24, and the Board of Directors…

The post Could Ethereum Restaking Create a New Crypto Bond Market? Here’s What S&P Says! appeared first on Coinpedia Fintech News Ethereum staking services are gaining traction, with S$P Global Ratings predicting they could lead to a robust ‘internet bond’ market. This shift promises new yield opportunities for crypto investors. Ethereum Restaking: What’s It Ethereum holders can now earn additional yield by staking their coins to aid in transaction verification on the blockchain. This process, known as staking, reinvests staking…

MicroStrategy has unveiled a strategic initiative to augment its Bitcoin (BTC) holdings. It announced an offering of $500 million in convertible senior notes due 2032. This move, targeted at qualified institutional buyers, highlights the firm’s commitment to Bitcoin as a central investment asset. MicroStrategy’s Bitcoin Portfolio is Worth Over $14 Billion These convertible senior notes offer a dual benefit, allowing holders to convert their investment into company stock under predefined conditions. Structured as unsecured and senior, these notes ensure priority…

The second-largest bank in the world, Chinese Construction Bank, is set to sell $3 billion worth of debt on the blockchain using Bitcoin. This was revealed by a local news outlet South China Morning Post, today. The China Construction Bank will be partnering with Hong Kong Fintech firm Fusang to issue the debts on a blockchain. It is worth noting that this would be the first digital security issued by a Chinese bank using blockchain technology. The debts will be…