MicroStrategy, a business intelligence and cloud-based services company, announced its plans to sell $700 million in senior convertible notes. The firm plans to use proceeds from the sales to redeem...The post MicroStrategy Plans to Raise $700M For Additional Bitcoin Investment And Buyback Debt appeared first on The Tech Report.

US-based business intelligence firm MicroStrategy has announced an ambitious plan to increase its Bitcoin holdings. The company plans to raise $42 billion over the next three years, allowing it to...The post MicroStrategy Aims to Add $42 Billion in Bitcoin to Its Bag with Aggressive Plan appeared first on Techreport.

Business intelligence company MicroStrategy's share (MSTR) has outperformed Bitcoin year-to-date, attracting more Wall Street giants as investors.The number of institutional investors with a minimum of $100 million holding MSTR rose to 738 from 667.MicroStrategy continues its bullish stance on Bitcoin as the company now holds 331,200 BTC, worth almost $29.7 billion.The post MicroStrategy Share Outperforms Bitcoin YTD, Attracts More Wall Street Giants appeared first on Techreport.