Big companies that invest in Bitcoin are borrowing lots of money! They're doing this by selling special kinds of loans called convertible debt. It's like a combination of a loan and a stock, but a bit complicated. This is happening a lot lately.
- Companies like Michael Saylor's Strategy are raising billions of dollars.
- They use this money to buy Bitcoin.
- The market for these loans is getting full; it's harder for companies to borrow money.
- Bitcoin's price hasn't hit a new high recently, so the terms of these loans are becoming more favorable for investors.
| Fact | Number |
|---|---|
| Total money raised since 2024 | $17 billion |
| Percentage of US equity-linked issuance | 19% |
