MicroStrategy has recently revealed a $700 million debt offering. The organization is issuing bonds with different terms and interest rates in order to acquire Bitcoin using the funds raised. By employing this strategy, Saylor’s firm is able to generate cash to further increase its Bitcoin holdings and benefit from the resulting profits. Prior to the approval of the Bitcoin ETF in January 2024, MSTR shares were traded as if they were a substitute for a Bitcoin ETF. Stay up-to-date with the latest technology news by accessing NEWSLINKER.
