MicroStrategy, led by Michael Saylor, is introducing a new private offering of $600 Convertible Senior Notes. MicroStrategy plans to utilize the funds raised from the sale of the notes to purchase more bitcoin and for general corporate use, as stated in a press release by the company. The notes will be unsecured, senior obligations of MicroStrategy, according to a statement released by the company. Interest payments will be made twice a year, on March 15 and September 15, starting on September 15, 2024. MicroStrategy, under the leadership of Saylor, has been a major investor in Bitcoin for several years. Now, with the assistance of their clients, they are seeking to purchase a greater quantity. Along with the senior notes, MicroStrategy plans to offer the initial purchasers of the notes the opportunity to acquire an extra $90 million in notes within a 13-day timeframe starting from the issuance date. MicroStrategy plans to take advantage of Bitcoin’s success and maximize profits from the digital currency. Moreover, once the clear intention behind this offering is made known, the excitement surrounding BTC could potentially increase even beyond regular trading hours. Source: Watcher Guru. Additionally, we can explore the profits that Michael Saylor made during the Bitcoin bull run with MicroStrategy.