BREAKING: MicroStrategy Raises $3 Billion to Boost Bitcoin Holdings

MicroStrategy has finalized a $3 billion offering of zero-interest convertible senior notes, with plans to use the proceeds to acquire additional Bitcoin and for other corporate needs.

The notes, which mature in December 2029, were sold in a private offering to institutional investors.

The offering included an additional $400 million worth of notes purchased by investors shortly after the initial sale. These notes are convertible into cash, shares of MicroStrategy’s Class A common stock, or a mix of both, depending on the company’s choice. The initial conversion price of $672.40 per share reflects a 55% premium over the company’s stock price on November 19, 2024.

MicroStrategy, led by Executive Chairman Michael Saylor, has been a major proponent of Bitcoin, regularly investing heavily in the cryptocurrency. This latest move further solidifies its position as one of the largest institutional Bitcoin holders.

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The funds raised will not only expand MicroStrategy’s Bitcoin portfolio but also support its general business operations. However, the offering comes with no registration under U.S. securities laws, limiting its availability to select buyers through private channels.

This significant investment reaffirms MicroStrategy’s commitment to Bitcoin as a central part of its corporate strategy.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.