MicroStrategy is back in business! The company has announced a third debt issuance in 2024, this time for $700 million. The goal? To pay off $500 million in existing debt and buy more bitcoin. 📉

- The issue is only available to qualified institutional buyers.

- Interest payments will begin in March 2025.

- The company already holds 244,800 BTC, worth about $14 billion.

MSTR shares are up 295% in the past 12 months, but the financial results show a loss of $102.6 million in the second quarter of 2024.