MicroStrategy announced the issuance of $700 million in convertible notes with the intention of acquiring Bitcoin, demonstrating the company's firm belief in Bitcoin and indicating that the Bitcoin market will continue to be hot in the future.
According to ChainCatcher, MicroStrategy founder Michael Saylor said MARA is a company built on the Bitcoin standard.
Previously, MARA announced plans to issue zero-interest convertible senior notes to raise $700 million to purchase BTC.