Microstrategy Buys More Bitcoin with Proceeds from Selling $600 Million Convertible Notes

Microstrategy, a Nasdaq-listed company, plans to sell $600 million worth of convertible senior notes and use some of the proceeds to purchase additional Bitcoin. Microstrategy currently holds 193K Bitcoin. The company’s chairman, Michael Saylor, a Bitcoin supporter, said Bitcoin had become the “most popular investment asset” in the world. Microstrategy Buys More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) (…)