MicroStrategy has announced its intention to raise $1.75 billion by issuing 0% senior convertible notes. This financial move is aimed at acquiring more Bitcoin. The 0% interest notes mean that MicroStrategy will not be obligated to pay regular interest to bondholders, providing a unique investment opportunity.
This strategy reflects MicroStrategy's continued commitment to Bitcoin, as it remains bullish on the cryptocurrency's potential. The company's plans indicate faith in Bitcoin's long-term value, banking on the continuing rise of digital currencies in the global financial landscape.
Source: cointelegraph.com ↗