MicroStrategy Shares Plans to Buy More BTC

Reading Time: < 1 minute

Strategy is conducting a private offering of convertible senior notes, planning to raise $2 billion to purchase more Bitcoin.

Michael Saylor, the company’s leader, mentioned that the firm has not acquired any Bitcoin in the past week, temporarily pausing its usual buying pattern.

However, apart from this hiatus, the firm’s acquisition strategy appears consistent with its usual approach.

Since Strategy, previously known as MicroStrategy, started its Bitcoin acquisitions, it has become one of the largest Bitcoin holders globally. Earlier this month, the firm broke its 12-week streak of regular purchases but quickly resumed buying.