MicroStrategy Announces Proposed Private Offering of $400 Million to Acquire Additional Bitcoin

By Anjali Belgaumkar 8 June 2021 | 4:18 pm

MicroStrategy Announces Proposed Private Offering of $400 Million to Acquire Additional Bitcoin

The post MicroStrategy Announces Proposed Private Offering of $400 Million to Acquire Additional Bitcoin appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

MicroStrategy Inc, a US-based enterprise software business, appears to be more enthusiastic about bitcoin than ever before, announcing on Monday that it will issue $400 million in bonds to institutional investors and use the profits to buy more Bitcoin. The company intends to raise $400 million by selling corporate bonds. For the first time ever, …