MicroStrategy Sells $500M in Bonds, Plans To Sell As Much as $1B in Stock, All for BTC

What happened? MicroStrategy is planning to buy $488M in BTC with the proceeds of its recent $500M bond sale. The business intelligence software company’s subsidiary, MacroStrategy, currently holds ~92,079 BTC. MicroStrategy Completes $500 Million Offering of 6.125% Senior Secured Notes Due 2028 with #Bitcoin Use of Proceeds. @MicroStrategy’s existing approximately 92,079 bitcoins are being held […]