The firm only just completed a $800 million raise earlier this week which was used to scoop up another 12,000 Bitcoin.
MicroStrategy and its executive chairman Michael Saylor are showing no signs of slowing down their Bitcoin (BTC) buying spree — launching a new proposed offering of $500 million of convertible notes “to acquire additional Bitcoin.”
The business intelligence turned “Bitcoin development” firm announced its latest fundraiser on March 13, which will again come in the form of a private senior convertible notes offering. Some of it could also be used for general corporate purposes.
MicroStrategy, the largest corporate holder of Bitcoin, has now made $1.3 billion worth of offerings over the last two weeks, including a now-completed $800 million senior convertible note offering earlier this week.
