MicroStrategy, the leading American business intelligence software company, is not stopping when it comes to buying bitcoin (BTC), and has proposed a new offering of $500 million of convertible notes “to acquire additional bitcoin.”

MicroStrategy bitcoin acquisitions show no sign of slowing down, as the funds raised now will be used to add more to the its already heavy bag. The “Bitcoin development” firm confirmed in an announcement on March 13 that the offering will come in the form of a “private offering to persons reasonably believed to be qualified institutional buyers.”

MicroStrategy Bitcoin Bet: Doubling Down

MicroStrategy is the largest corporate holder of bitcoin, having…

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