The renowned corporate Bitcoin investor announced another debt offering to raise half a billion dollars to buy more BTC
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Knowing the company’s strategy focused on Bitcoin, the community expects this half a billion US dollars to be spent on another massive BTC chunk soon. The press release confirms these expectations by stating outright that the proceeds from the sale of these notes will be used for buying additional Bitcoin.
The press release stated that the company intends to offer $500 million convertible senior notes due 2032 in a private offering to institutional buyers under the Securities Act of 1933.Ethereum in Critical State, Here's Why Bitcoin Can't Reach $70,000, Will XRP Reach All-Time Low?
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