MicroStrategy bets big with a new $700M debt offering to fuel Bitcoin purchases

The $700 million debt offering, initially announced at $500 million, includes an option for initial purchasers to buy an additional $100 million in notes. Follow Market Summary > MicroStrategy Inc MicroStrategy (NASDAQ: MSTR), the largest publicly traded corporate holder of Bitcoin (BTC), has announced an upsized debt offering to fund further cryptocurrency acquisitions. The company disclosed that it plans to raise $700 million through senior convertible notes maturing in 2032, priced to yield 2.25% annuall ...