MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
Briefly

Nasdaq-listed MicroStrategy raised its convertible note offering to $700 million, at 2.25% annual yield, to acquire more Bitcoin, with an additional $100 million option for initial buyers.
MicroStrategy, holding 214,400 BTC, valued at $14 billion, is the largest publicly listed Bitcoin holder, with plans to use proceeds from the notes offering for Bitcoin acquisition and corporate matters.
Read at Coindesk
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