While crypto markets continue to consolidate below historic highs, Michael Saylor’s MicroStrategy is ready to buy more Bitcoin. The company has recently announced that it will issue a $500 million aggregate principal amount of convertible senior notes due 2032. The company may redeem for cash all or any portion of the notes on or after June 20, 2029. MicroStrategy plans to use the proceeds from the notes’s sale to buy additional Bitcoin and for general corporate purposes.
While crypto markets continue to consolidate below historic highs, Michael Saylor’s MicroStrategy is ready to buy more Bitcoin. The company has recently announced that it will issue a $500 million aggregate principal amount of convertible senior notes due 2032. The company may redeem for cash all or any portion of the notes on or after June 20, 2029. announced announced MicroStrategy plans to use the proceeds from the notes’s sale to buy additional Bitcoin and for general corporate purposes.
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