The Daily Hodl
2021-06-09 17:30:44

As Crypto Markets Dip, Michael Saylor’s MicroStrategy Raising $500,000,000 To Buy More Bitcoin

Michael Saylor’s MicroStrategy is heading to the lending markets to finance another Bitcoin buying spree. The firm says that it will borrow approximately $500 million in the form of senior secured notes. All proceeds will go towards buying more Bitcoin at a time when the flagship crypto asset is nearly 50% down from its all-time […]The post As Crypto Markets Dip, Michael Saylor’s MicroStrategy Raising $500,000,000 To Buy More Bitcoin appeared first on The Daily Hodl.

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