Michael Saylor’s MicroStrategy To Raise $500M To Buy More Bitcoin
MicroStrategy plans to raise $500 million through a convertible senior notes offering, with proceeds going primarily toward acquiring more Bitcoin for its corporate treasury.
MicroStrategy, led by CEO Michael Saylor, announced it will raise $500 million through a private offering of convertible senior notes. The proceeds will fund additional purchases, furthering its corporate Bitcoin accumulation strategy.
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