From Nasdaq:

MicroStrategy plans to buy more Bitcoin with the issuance of $500 million in convertible bonds due in 2031, marking its second Bitcoin buying move in less than 10 days. The company previously announced a $600 million private offering on March 5. Its shares dropped 3% after hitting a 24-year high. Bitcoin reached a record high of $73,803, with MicroStrategy holding 205,000 bitcoins as of March 10, making it the largest corporate holder of the cryptocurrency. The company began buying and holding bitcoins in 2020. Coinbase upsized a convertible bond offering of $1.1 billion to repay or redeem outstanding debt.



Read more at Nasdaq: MicroStrategy issues second convertible debt this month to buy more bitcoin