According to TechFlow, on December 19, MicroStrategy co-founder and chairman Michael Saylor said that once the current fundraising plan is exhausted, the company will focus more on fixed-income securities to raise funds to purchase cryptocurrencies.
MicroStrategy has so far financed its cryptocurrency purchases through new stock and the sale of convertible bonds, Saylor noted, with convertible bondholders reaping rewards as the company’s stock price has recovered.