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MicroStrategy’s Bitcoin Ambitions: $700 Million Fundraise For Further Acquisitions

MicroStrategy’s Bitcoin Ambitions: $700 Million Fundraise For Further Acquisitions


Bitcoinist
2024-09-17 04:00:24

On Monday, business intelligence firm Microstrategy, led by Bitcoin (BTC) advocate Michael Saylor, announced its intention to offer $700 million in convertible senior notes due 2028 as part of a broader strategy to strengthen its Bitcoin portfolio while restructuring existing debt. MicroStrategy’s Strategic Bitcoin Move According to the announcement, the proposed notes will be unsecured,


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