Microstrategy, the cloud solution provider has announced another $400 million in senior secured notes to purchase additional Bitcoin. This would be the third security debt offering by the fortune 500 company that has invested over $2 billion in Bitcoin via direct cash purchases as well as credit raised from the sale of convertible security notes
MicroStrategy Announces Proposed Private Offering of $400 Million of Senior Secured Notes to acquire additional #bitcoin. $MSTRhttps://t.co/ilhUt1M73j
— Michael Saylor (@michael_saylor) June 7, 2021
Microstrategy is considered to be the pioneer of Fortune 500 companies buying bitcoin from their treasury cash. The software giant started buying Bitcoin towards the end of August 2020 and since then has raised over $1.5 billion in security offers to purchase bitcoin. The CEO of the firm Michael Saylor has maintained throughout that they have no plans of stopping and his company would continue buying Bitcoin.
The Fortune 500 company currently h
