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

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

MicroStrategy started buying the oldest and largest crypto asset in 2020 for its treasury. Now, it holds 214,400 BTC worth some $14 billion, making the company the biggest publicly listed bitcoin holder. The company’s executive chairman, Michael Saylor, is a vocal supporter of bitcoin.