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CoinOtag 2024-06-14 17:25:46

MicroStrategy Plans $500 Million Bond Offering to Boost Bitcoin Holdings

The largest corporate holder of Bitcoin (BTC) is seeking to raise additional funds to augment its cryptocurrency reserves. MicroStrategy announced its intention to offer $500 million worth of convertible senior notes through a private transaction. “The funds raised will be used for purchasing more Bitcoin and for general corporate purposes,” MicroStrategy revealed in their statement.

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