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.

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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