Early Monday Morning Michael Saylor, CEO of MicroStrategy, announced on Twitter that they are planing on raising $400 Million of Senior Secured Notes. The plan is to use this money to acquire more Bitcoin.
Michael Saylor posted the following message on his Twitter account:
Michael Saylor has been a Bitcoin evangelist for quite some time now and is one of the most active Bitcoin bulls out there. His company, MicroStrategy, currently owns 91,579 Bitcoins and it appears that they will add $400 Million more. It is likely that Michael Saylor wants to make use of the recent price plunge of Bitcoin to add to his current stash of Bitcoins.
The price of Bitcoin fell from around $60,000 to $31,000 in the past weeks as fear and uncertainty hit the market.
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Aaron is passionate about blockchain and has been an investor in cryptocurrencies for the past years. He enjoys engaging with other people in the cryptocurrency community online, particularly on Telegram, and learning from experts.
