MicroStrategy (MSTR), a prominent player in the business analytics software industry, has unveiled its intention to raise $600 million through convertible senior notes due 2030. This move is part of the company’s aggressive strategy to acquire more bitcoin, bolstering its position as a leading corporate holder of the digital currency.

Convertible Senior Notes for Bitcoin Purchase

In a recent announcement, MicroStrategy that describing itself as “world’s first Bitcoin development company” disclosed its plan to issue $600 million in convertible senior notes, with a provision to increase the offering by an additional $90 million. These notes, which are set to mature on March 15, 2030,…

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