MicroStrategy Announces $700 Million Raise To Redeem Senior Secured Notes and Buy Bitcoin

MicroStrategy will use the net proceeds from this offering to redeem Senior Secured Notes due 2028 and to acquire additional bitcoin.

Michael Saylor's MicroStrategy Plans Another $700M Convertible Note Issuance

The company is the largest corporate bitcoin holder with 244,800 bitcoin worth over $14 billion in its treasury.

MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin

MicroStrategy purchased an additional 18,300 bitcoins for $1.11 billion, boosting its total Bitcoin trove to 244,800 BTC acquired for $9.45 billion. The company continues its Bitcoin accumulation strategy, capitalizing on BTC appreciation.

Michael Saylor Says BTC Could Be Worth $13 Million, Reveals When And How

During an exclusive interview on Monday, MicroStrategy’s Michael Saylor recently doubled down on his uber-bullish stance on Bitcoin (BTC).

Bull Michael Saylor Says Bitcoin Going Up Forever’ As BTC Whales Load Their Bags

Saylor’s bullishness comes as moneyed Bitcoin investors continue snapping up billions of dollars worth of BTC.

Michael Saylor’s bet on Bitcoin paying off, his BTC holdings now valued at $1B

Michael Saylor personally holds $1 billion in Bitcoin, owning 17,732 BTC. MicroStrategy holds 226,500 BTC, valued at over $12 billion, with a $37,000 average cost. Saylor views Bitcoin as a superior, secure asset and advocates continuous investment.