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MicroStrategy completes $3B raise to buy more Bitcoin as MSTR falls 25%

The $3 billion offering of 0% convertible senior notes is part of MicroStrategy’s plans to raise $42 billion over the next three years — primarily to buy more Bitcoin.

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MicroStrategy completes $3B raise to buy more Bitcoin as MSTR falls 25%

The $3 billion offering of 0% convertible senior notes is part of MicroStrategy’s plans to raise $42 billion over the next three years —  primarily to buy more Bitcoin.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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