Michael Saylor's MicroStrategy to Raise $2.6B to Buy More Bitcoin
Continuing the accumulation strategy that has been so successful for the company, Michael Saylor’s MicroStrategy has announced it will raise $2.6 billion to buy more Bitcoin. That figure is up from the previous $1.75 billion they had raised for BTC purchasing purposes. In a press release issued today, the firm announced an offering of convertible senior notes. Indeed, the move continues the same process the company has used to grow its Bitcoin holdings. To this point, it has paid dividends, with the company’s stock surging amid its ongoing accumulation of the leading crypto. JUST IN: Michael Saylor's MicroStrategy to raise $2.6 billion, up from $1.75 billion, to purchase more #Bitcoin. — Watcher.Guru (@WatcherGuru) November 20, 2024 Also Read: Michael Saylor’s Bitcoin Pitch to Microsoft Set to Lead Another Crypto Boom? MicroStrategy to Raise $2.6 Billion—Up From $1.75 Billion—to Buy More Bitcoin Bitcoin has continued to have a November to remember this year. Just last week, the ass