MicroStrategy’s Bitcoin Bet Continues: $700M Debt Offering for More BTC

MicroStrategy, a major Bitcoin holder, has announced plans to raise $700 million through a private offering of convertible senior notes due in 2028. This move comes close on the heels of MicroStrategy’s Bitcoin acquisition worth $1.11 billion earlier. This marks MicroStrategy’s third debt offering in 2024, aimed at expanding its Bitcoin holdings and refinancing existing The post MicroStrategy’s Bitcoin Bet Continues: $700M Debt Offering for More BTC appeared first on Coin Edition .

Source: Coin Edition