MicroStrategy, a company that already owns lots of Bitcoin, wants to borrow a huge amount of money! They plan to use this money to buy even more Bitcoin and for other things the company needs.
They're doing this by selling special bonds called 'convertible senior notes'. Think of them as IOUs that can be turned into MicroStrategy's stock later on.
This will help them increase their Bitcoin holdings even further and boost the company's assets.
- MicroStrategy is selling bonds to get $2 billion.
- They might get an extra $300 million if everything goes well.
- The money will mostly be used to buy more Bitcoin.
| Fact | Details |
|---|---|
| Amount of money MicroStrategy wants | $2 billion (plus maybe $300 million more) |
| What they'll mostly use the money for | Buying more Bitcoin |
| When the bonds are due | March 1, 2030 |
