MicroStrategy, a publicly traded company, plans to bolster its Bitcoin holdings by raising $1.75 billion through convertible notes. This move follows a substantial $4.6 billion investment in Bitcoin.
The company's founder and chairman, Michael Saylor, shared these plans on social media, emphasizing the firm's commitment to Bitcoin investments. By issuing convertible senior notes, MicroStrategy aims to fund further acquisitions of Bitcoin, highlighting its strategy of integrating substantial cryptocurrency investments into its financial operations.
