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 MicroStrategy to raise $1.75B with 0% interest notes to buy Bitcoin Cointelegraph 18 Nov 2024

MicroStrategy to raise $1.75B with 0% interest notes to buy Bitcoin 📈

MicroStrategy has announced its intention to raise $1.75 billion by issuing 0% senior convertible notes. This financial move is aimed at acquiring more Bitcoin. The 0% interest notes mean that MicroStrategy will not be obligated to pay regular interest to bondholders, providing a unique investment opportunity.

This strategy reflects MicroStrategy's continued commitment to Bitcoin, as it remains bullish on the cryptocurrency's potential. The company's plans indicate faith in Bitcoin's long-term value, banking on the continuing rise of digital currencies in the global financial landscape.

Source: cointelegraph.com ↗

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