MicroStrategy Raises the Stakes on Bitcoin Bonds to $500 Million

$400 million wasn’t enough. MicroStrategy increased the amount of a junk-bond issue on Tuesday in order to finance the acquisition of additional Bitcoin, offering $500 million of notes that were the first of their type in the high-yield market, an…

MicroStrategy Announces a $400 Million Additional Bitcoin Purchase

MicroStrategy will issue $400 million in senior notes to purchase additional bitcoin, which will be held by its subsidiary MacroStrategy. MicroStrategy, a software intelligence corporation, has stated that it would issue $400 million in senior secured notes to acquire additional…