MicroStrategy wants to scoop up $900 million more worth of Bitcoin

Business intelligence firm MicroStrategy plans to issue $900 million more worth of debt to get even more Bitcoin, according to its Feb. 17 press release. It will issue convertible notes that will mature on Feb. 15, 2027:

The notes will be sold in a private offering to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

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