Back in March, Andrew McGinnis described MicroStrategy as a “Monopoly of Value,” suggesting it has a unique and influential role in the financial world.
Recent Fundraising and Bitcoin Investment Plan
In September, MicroStrategy raised $1.01 billion by issuing convertible senior notes—basically, debt that can be converted into stock—at a very low 0.625% interest rate, set to mature in 2028. Part of this funding is planned for Bitcoin purchases, underscoring the company’s ongoing commitment to crypto. This offering, completed on Sept. 19, was targeted specifically at institutional investors, allowing them to convert the notes into either cash or MicroStrategy shares.
Steady, Impressive Growth
Cointelegraph recently pointed out that since 1999, MicroStrategy’s value has soared over 1,500%, even surpassing Microsoft’s impressive 1,460% growth over the same period. This puts MicroStrategy among the most notable long-term success stories in the tech and finance spaces.