MicroStrategy's Bold Bitcoin Investment Strategy Continues with $1.75B Debt Offering

MicroStrategy has acquired 51,780 Bitcoin for $4.6 billion, bringing its total holdings to 331,200 BTC, valued at over $24 billion. This move underscores the company's strategy of using Bitcoin as a reserve asset to enhance stock value. Concurrently, Metaplanet issued $11.4 million in bonds to fund its Bitcoin purchases, joining other companies like Tesla and Block Inc. in adopting Bitcoin as a long-term asset. Metaplanet aims to establish a significant Bitcoin treasury in Asia.