MicroStrategy sells another $604M of notes to buy 9K Bitcoin

MicroStrategy keeps aggressively buying Bitcoin while completing another $603.75 million offering of convertible notes.

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MicroStrategy, one of the largest public holders of Bitcoin (BTC), has completed another convertible notes offering to increase its Bitcoin stash.

Former MicroStrategy CEO Michael Saylor took to X on March 18 to announce that MicroStrategy had completed its previously announced offering of 0.875% convertible senior notes due 2031.

The notes sold in the offering amounted to $603.75 million, including $78.75 million aggregate principal amount of notes issued pursuant to an option to purchase.

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