American software technology firm MicroStrategy has announced the pricing of a new $700 million debt offering due in 2032, intended to fund further Bitcoin purchases. The official press release states that the notes will be sold in a private offering to qualified institutional buyers under Rule 144A of the Securities Act of 1933. Initially announced at $500 million, the offering has been increased to a $700 million aggregate principal amount. MicroStrategy plans to allocate part of the proceeds to acquiring more Bitcoin for its corporate treasury. The company has already amassed 214,400 BTC, valued at approximately $14 billion, according to
