MicroStrategy made headlines with their recent announcement of a $700 million debt issuance. The company has been issuing bonds with different terms and interest rates in order to purchase Bitcoin using the funds raised. This strategy, spearheaded by CEO Michael Saylor, has allowed the company to acquire more Bitcoin and benefit from the profits generated. Prior to the approval of Bitcoin ETFs in January 2024, MSTR shares were often traded as a substitute for a Bitcoin ETF. Stay up to date with the latest technology news by accessing NEWSLINKER.
