<ul><li>MicroStrategy announced its third debt offering of 2024, aiming to raise $700 million to pay off existing debt and invest in more Bitcoin.</li><li>The company is currently the world's largest corporate holder of Bitcoin, with 244,800BTC valued at approximately $14 billion.</li><li>The debt offering will be in the form of convertible senior notes, with proceeds to be used for debt repayment and Bitcoin purchase.</li><li>Only qualified institutional investors will be eligible to participate in the debt offering.</li></ul>

MicroStrategy to Launch $700M Debt Offering, Aims to Expand Bitcoin Holdings

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