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MicroStrategy, an American software company, is planning on offering another $500 million in private convertible senior notes due 2028 to raise funds for the purpose of acquiring more Bitcoin. Convertible senior notes are a type of debt security that investors can choose to convert into equity in the future.
This comes amidst the firm’s ongoing strategy to invest in Bitcoin. MicroStrategy has been one of the most vocal large firms to show their support for the cryptocurrency, having already acquired large amounts of Bitcoin over the last