MicroStrategy Will Raise $500 Million to Buy More Bitcoin!

MicroStrategy, founded by Michael Saylor, took action to buy more Bitcoin (BTC).

The largest institutional Bitcoin whale, MicroStrategy, is looking to increase its Bitcoin holdings. 2031 futures 500 million dollars announced that it would sell senior convertible bonds.

The company will also offer initial purchasers of the bonds an option to purchase up to $75 million in addition to the total principal amount of the bonds.

Just days ago, the company announced plans to buy more Bitcoin. $800 million bond offering He announced that he had completed it. In fact, upon completion of this bond offering, MicroStrategy took immediate action and spent approximately $821 million. He had purchased 12,000 Bitcoins.

currently The giant corporate whale with 205 thousand BitcoinsIt is thought that if he fulfills his offer of 500 million dollars, he will buy Bitcoin without wasting any time.

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