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How MicroStrategy and Others Are Taking on Billions in Debt to Buy More Bitcoin

Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — here’s how it works.

By Tom Carreras, James Van Straten|Edited by Stephen Alpher

Updated Dec 18, 2024, 9:20 a.m. Published Dec 17, 2024, 5:30 p.m.

Debt — Exploring the business of taking on debt to buy bitcoin (Alice Pasqual/Unsplash)