MicroStrategy will raise another $ 400 million to buy bitcoins
Software maker MicroStrategy, which already owns 111,000 BTC (≈ $ 4 billion), plans to raise another $ 400 million to buy bitcoin. MicroStrategy CEO Michael Sailor wrote about this on his Twitter account.
In a press release, the company said it would issue convertible bonds with maturities until 2028. The firm will use the proceeds from the issue of securities to purchase the first cryptocurrency.
