Nov 23, 2024 04:10

Allianz Acquires 25% of MicroStrategy 2031 Convertible Note Offering

Allianz SE, the second-largest insurance company in Europe, has purchased close to 25% of MicroStrategys 2031 convertible notes for $750 million, indirectly supporting its Bitcoin-centered strategy. Allianz SE, the second largest insurance company in Europe, has made a bold move by buying almost 25% of MicroStrategys convertible notes due in

Apr 10, 2023 05:50

US Economy at Risk of Crash Landing, Allianz Warns

Allianz, one of the world’s largest insurers, has warned that the U.S. economy is headed toward a crash landing. “We expect the economic momentum to deteriorate during the second half of the year on the back of rapidly tightening credit conditions, exacerbated by the banking crisis,” said the insurance giant’s analysts. Crash Landing Ahead, Warned [...]

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