MicroStrategy has raised $3 billion through a convertible senior note offering, which will be used to purchase additional Bitcoin and for general corporate purposes. This is part of the company’s larger goal of raising $42 billion over the next three years to fund its Bitcoin acquisition strategy, known as the “21/21” plan.
MicroStrategy has become a leader in the corporate Bitcoin treasury model, and currently holds 331,200 coins worth over $32.7 billion, making it the largest publicly-listed holder of Bitcoin.
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<p>The post MicroStrategy Raises $3 Billion in Convertible Senior Note Offering first appeared on CoinBuzzFeed.</p>
