MicroStrategy to Sell $400 Million in Debt to Add More Bitcoin to Its $3.2 Billion Stash

Nasdaq-listed business intelligence firm MicroStrategy is borrowing $400 million through senior secured notes to add more bitcoin to its current 92,079 stash, worth $3.29 billion at press time. According to a filing from the company, the senior secured notes will be available for qualified institutional buyers. The company has in the past raised $550 million […]
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