Share this article

MicroStrategy Raises $1.05B in Latest Debt-for-Bitcoin Offering

MicroStrategy's business strategy is to buy as much bitcoin as it possibly can.

Updated Sep 14, 2021, 12:14 p.m. Published Feb 19, 2021, 4:04 p.m.
microstrategy_flickr

MicroStrategy CEO Michael Saylor said Friday the firm had completed a $1.05 billion debt offering, a raise that will allow the business intelligence company to buy another $1 billion in bitcoin.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The raise is part of MicroStrategy's dual business strategy of developing business intelligence software and also literally just buying as much bitcoin as it possibly can. MicroStrategy already has 71,039 of the coins.

"MicroStrategy estimates that the net proceeds from the sale of the notes will be approximately $1.03 billion, after deducting the initial purchasers’ discounts and commissions and estimated offering expenses payable by MicroStrategy," the company said.

More For You

Protocol Research: GoPlus Security

GP Basic Image

알아야 할 것:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Strategy’s STRD credit spread has tightened over past month even as bitcoin struggles

Michael Saylor, Executive Chairman of Strategy (MSTR)

The narrowing spread between yields on STRD and the 10-year U.S. Treasury could signal boosted demand for the preferred stock.

알아야 할 것:

  • STRD’s credit spread versus the U.S. 10-year Treasury narrowed to a new low on Friday.
  • Strategy sold $82.2 million of STRD through its ATM program in the week ended Dec. 14, the largest weekly issuance since launch.
  • Historical ATM data shows STRD has recently dominated preferred issuance among Strategy’s offerings.