MicroStrategy has announced its intention to raise $1.75 billion by issuing senior convertible notes with a 0% interest rate. This move suggests the company will not have to make regular interest payments to its bondholders. The raised funds are likely to be used for purchasing more Bitcoin, continuing the firm's trend of investing in the cryptocurrency.
This strategy indicates MicroStrategy's strong commitment towards Bitcoin, viewing it as a valuable asset. By offering notes with no interest, the firm is potentially attracting investors willing to convert their bonds into equity if Bitcoin's value increases. This reflects a bold step in leveraging Bitcoin's growth potential.
