The filing comes on the same day as bitcoin hit $50,000 for the first time ever.
MicroStrategy said it intends to offer $600 million aggregate principal amount of convertible senior notes due 2027. This story is developing and will be updated.
The record comes as traders analysts have described institutional investors’ interest in bitcoin as growing “at a staggering pace.”
The firm has generated almost $100 million in NFT sales, according to the report.
Alpha Finance says the “loophole” has been patched.
Cathie Wood’s asset manager significantly boosted its stake in the Grayscale Bitcoin Investment Trust.
That Tesla has invested in bitcoin is an announcement the market had long sought to hear.
The cryptocurrency was more valuable than all but seven of the world’s publicly traded companies.
Brooks noted that the U.S. money supply will have risen 40% over the last 12 months once the most recent round of stimulus is done.
BTC is back within striking distance of its all-time high set early last month.