MicroStrategy eyes $2.6 billion raise for Bitcoin acquisition as it breaks into top 100 US firms

MicroStrategy has increased its convertible debt offering to $2.6 billion, up from its original $1.75 billion target, according to a Nov. 20 statement. The firm stated that the proceeds from this offering will fund additional Bitcoin acquisitions and other corporate needs. Offering details The convertible notes will be sold privately to institutional buyers under Rule […] The post... source: https://cryptoslate.com/microstrategy-eyes-2-6-billion-raise-for-bitcoin-acquisition-as-it-breaks-into-top-100-us-firms/