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MicroStrategy upsizes convertible senior note offering to $2.6 billion to acquire more bitcoin The Block 22 hours ago

MicroStrategy upsizes convertible senior note offering to $2.6 billion to acquire more bitcoin 💰

MicroStrategy is expanding its convertible senior note offering to $2.6 billion. The company aims to use the net proceeds from this offering primarily to acquire additional Bitcoin.

Additionally, the proceeds will also support various general corporate purposes, underscoring MicroStrategy’s strong faith in Bitcoin’s future value and importance within its business strategy.

Source: www.theblockcrypto.com ↗

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