MicroStrategy is doubling down on its debt plans to fund another massive Bitcoin acquisition.
MicroStrategy plans to issue convertible senior notes totaling $500 million, which will mature in 2032, in order to raise funds to increase its investment in Bitcoin.
This private placement is mainly aimed at qualified institutional investors, with the aim of strengthening the company's resources in an environment of market volatility.
As of June 13, MicroStrategy holds more than 1% of the circulating supply of Bitcoin, equivalent to 214,400 BTC, worth approximately $15 billion. $BTC