InvestorsHub Logo
Followers 223
Posts 44921
Boards Moderated 5
Alias Born 02/07/2012

Re: Bitfury post# 64

Thursday, 03/18/2021 6:30:19 AM

Thursday, March 18, 2021 6:30:19 AM

Post# of 99
Meant to get back to you - Thanks for the heads up

Is that what generated the volume spike ?




So would that be a (kind of) Preferred shares issuance then (with something like a 2.5 % yield) and a conversion price of $9.31 ?

Or simply a different type of offering

$575m Notes @ 2.5% 5 yrs conversion price $9.31



At any rate it seems to have affected the share price to where the trend line's come back into play....


Which is fine (actually terrific) as long as we don't experience a broad market sell off



Historically low interest rates promised for 3 more years........hmmmmm



Guess I should go and read up on the offering....See if I can figure out how it is working