MicroStrategy Incorporated has completed its offering of $3 billion in 0% convertible senior notes due 2029, which includes $400 million from an additional purchase option.
MicroStrategy Inc. serves as a bitcoin proxy for traders, with its options becoming highly active contracts ahead of new bitcoin-related options launching.
MicroStrategy's executive chairman, Michael Saylor, forecasts Bitcoin may reach $13 million by 2045. The company has heavily invested in Bitcoin, holding over 150,000 Bitcoins.