MicroStrategy has revealed plans to raise $1.75 billion through the issuance of convertible bonds maturing in 2029. The company intends to use the net proceeds for acquiring more Bitcoin and funding general corporate activities.

Details of the Bond Offering

According to the company’s announcement, the bonds will be offered exclusively to qualified institutional investors. The bonds are unsecured senior obligations and will not accrue regular interest or increase in principal over time. The maturity date is set for December 1, 2029, unless the bonds are redeemed, repurchased, or converted earlier. Starting from December 4, 2026, MicroStrategy may redeem all or part of the bonds under specific conditions.

Bitcoin Acquisition Strategy

MicroStrategy’s commitment to expanding its Bitcoin holdings has been unwavering. Between November 11 and 17, the company purchased 51,780 BTC worth $4.6 billion, boosting its total holdings to 331,200 BTC, valued at approximately $16.5 billion.

Previous Fundraising Efforts

This move follows a previous announcement in September 2024 when MicroStrategy aimed to raise $700 million through a bond issuance with a maturity in 2028. The company continues to leverage bond offerings as part of its strategy to increase Bitcoin reserves and reinforce its position as a major corporate Bitcoin holder.