MicroStrategy plans to issue $700 million in convertible notes! đ°
- $500 million will be used to buy back previous notes due in 2028.
- The remaining money will be used to buy more Bitcoin and for general company needs. đ
- The company has been buying Bitcoin since 2020 and currently holds 244,800 BTC.
- MSTR shares are down 4.9% today, but up 300% on the year.
How do you think this move will affect Bitcoin prices? Letâs discuss in the comments! đŹ