MicroStrategy’s Bitcoin Ambitions: $700 Million Fundraise For Further Acquisitions
On Monday, business intelligence firm Microstrategy, led by Bitcoin (BTC) advocate Michael Saylor, announced its intention to offer $700 million in convertible senior notes due 2028 as part of a broader strategy to strengthen its Bitcoin portfolio while restructuring existing debt. MicroStrategy’s Strategic Bitcoin Move According to the announcement, the proposed notes will be unsecured, … Read more