{"id":627971,"date":"2025-02-19T08:06:04","date_gmt":"2025-02-19T08:06:04","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=627971"},"modified":"2025-02-19T08:06:04","modified_gmt":"2025-02-19T08:06:04","slug":"michael-saylors-strategy-to-raise-another-2-billion-to-buy-more-bitcoin","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/michael-saylors-strategy-to-raise-another-2-billion-to-buy-more-bitcoin","title":{"rendered":"Michael Saylor\u2019s Strategy To Raise Another $2 Billion To Buy More Bitcoin"},"content":{"rendered":"
Business intelligence firm and leading corporate Bitcoin holder Strategy is looking to raise an additional $2 billion through 0% senior convertible notes to purchase even more BTC.<\/span><\/p>\n According to a Feb. 18 <\/span>statement<\/span><\/a> by the company, previously known as MicroStrategy, the first note purchasers will have the option to buy up to an extra $300 million more worth of notes. <\/span><\/p>\n These notes can then be used within five business days after they are issued. Strategy said that part of the capital will be used to increase its exposure to Bitcoin, while the remaining funds will be used as working capital.<\/span><\/p>\n Senior convertible notes have been one of the main instruments <\/span>Strategy<\/span><\/a> has utilized to buy up more Bitcoin as part of its ambitious 21\/21 Plan. Orchestrated by Strategy executive chair and Bitcoin maxi Michael Saylor, the 21\/21 Plan aims to raise $42 billion in capital over 3 years, split between equity and fixed-income securities, to buy more BTC.<\/span><\/p>\n Strategy Announces Proposed Private Offering of $2.0B of Convertible Senior Notes. $MSTR<\/a> https:\/\/t.co\/EBOMdLlgdq<\/a><\/p>\n — Michael Saylor⚡️ (@saylor) February 18, 2025<\/a><\/p><\/blockquote>\n<\/p>\n
Strategy Completes Over Half Of Its 21\/21 Goal<\/span><\/h2>\n
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