Crypto News Bulletin from cryptoglobe

Friday November 22, 2024 11:08 PM
1 week 3 days ago

Allianz Bets Big: Germany’s Insurance Giant Acquires 24.75% of MicroStrategy’s $2.6 Billion Convertible Bonds


Germany’s largest insurance company Allianz has made a significant investment in MicroStrategy’s recent $2.6 billion convertible note offering, acquiring 24.75% of the bonds. Data on the investment was shared by pseudonymous analyst Petruschki, who added a screenshot from the Bloomberg Terminal on a post on the microblogging platform X (formerly known as Twitter) showing Allianz’s

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