Markets
MicroStrategy Leads Bitcoin Capital Markets
In a recent research report, Bernstein revealed that MicroStrategy was a pioneer in BTC capital markets. Analysts wrote that MSTR is the only company that has developed institutional demand for Bitcoin-linked convertibles. To date, MicroStrategy has raised $4 billion in convertible debt just to buy more bitcoin. Michael Saylor’s company currently holds 214,400 bitcoins worth approximately $14.5 billion. The use of equity and debt has allowed MicroStrategy to increase its bitcoin per share by almost 67% over the past four years.