Tech
MicroStrategy, which was the first publicly traded company to invest in bitcoin and, as of Dec. 4, held 40,824 BTC, is raising up to $400M in debt to buy more (Kristine Owram/Bloomberg)
![MicroStrategy, which was the first publicly traded company to invest in bitcoin and, as of Dec. 4, held 40,824 BTC, is raising up to $400M in debt to buy more (Kristine Owram/Bloomberg)](https://ournewsfortoday.com/wp-content/uploads/2020/12/MicroStrategy-which-was-the-first-publicly-traded-company-to-invest.jpg)
Kristine Owram / Bloomberg:
MicroStrategy, which was the first publicly traded company to invest in bitcoin and, as of Dec. 4, held 40,824 BTC, is raising up to $400M in debt to buy more — MicroStrategy Inc. is doubling down on its Bitcoin bet, saying Monday that it plans to offer $400 million of convertible bonds in order to buy more of the cryptocurrency.
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