MicroStrategy Inc., an American business intelligence and software firm, recently declared its intention to offer up to $1.75 billion of Convertible Senior Notes to the public. This move is aimed at acquiring more Bitcoin (BTC) and supporting general corporate activities.
The company plans to issue these notes via a private offering, contingent upon market conditions, showcasing its ongoing commitment to investing heavily in Bitcoin.
MicroStrategy has made consistent efforts to expand its Bitcoin holdings, and this fundraising initiative is expected to bolster its cryptocurrency portfolio further.
