💪MicroStrategy is raising additional funds to purchase #BTC

The company plans to sell an additional $700 million in convertible senior bonds to buy back debt and buy more bitcoins.

This is part of the company's strategy, which has been actively accumulating bitcoins since 2020.

MicroStrategy already owns 1.17% of the total BTC supply, and between August 6 and September 12 of this year, the company purchased 18,300 BTC worth approximately $1.11 billion.