Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Michael Saylor, CEO of MicroStrategy, believes that Bitcoin will surpass gold as the ultimate asset, emphasizing the importance of acquiring more Bitcoin for success. MicroStrategy plans to raise $500 million through convertible notes to purchase additional Bitcoin, following a recent $800 million capital raise for the same purpose.
MicroStrategy filed again on Wednesday afternoon to raise $500 million through a convertible bond issuance, intending to use the proceeds to buy more Bitcoin. A few days ago, the company closed an $800 million convertible debt financing to acquire an additional 12,000 Bitcoins…
Saylor trying to squeeze digital gold up with each convertible debt offering… $mstr
Oh my goodness. Michael Saylor $MSTR just raised $820M of debt to buy more $BTC Bitcoin a week ago. He’s now raising another $500M to buy more bitcoin today. Currently he owns 205K Bitcoin. Blackrock $IBIT owns 208K Bitcoin. One man is acting as a pseudo Bitcoin ETF with… https://t.co/8HF7ttE5Ba
