🚀MicroStrategy is upping its game! Just a day after announcing a $500M convertible senior note offering to buy more BTC, the target's been bumped up to a whopping $700M.💰

• The company's shares have been on a rollercoaster ride in 2024, but they've skyrocketed by triple digits since the start of the year.📈

• MicroStrategy plans to use the net proceeds to acquire more bitcoin and for general corporate purposes.

• The firm now owns 214,400 BTC, over 1% of bitcoin's total supply, sitting on an unrealized profit of $6.6 billion.

MSTR's share prices are heavily impacted by bitcoin's movements. They've retraced quite a bit in 2022, recovered in 2023, and have been on a bull run in 2024.🐂

What do you think about this bullish move? Share your thoughts in the comments!👇 #Bitcoin #MicroStrategy #CryptoNews