MSTR Stock Alert: MicroStrategy Is Raising Money to Buy Bitcoin Again

Software company turned glorified Bitcoin (BTC-USD) holding company MicroStrategy (NASDAQ:MSTR) is seeing some volatility today, with MSTR stock giving up a good chunk of yesterday’s gains. At the time of writing, the company’s stock price has dropped more than 7% on news that the company will be putting forward its second convertible note offering in the past 10 days, with the intention of buying more Bitcoin.MicroStrategy’s CEO, Michael Saylor, has been steadfast in his view that Bitcoin is the only reaso ...