Announcement for the thing: #955110
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77 sats \ 0 replies \ @elvismercury 5h
They give a tiny bit of context here.
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0 sats \ 0 replies \ @JPWatts_Mining 3h freebie
They’re going to offer “$385 million through convertible senior secured notes”, then buy BTC.
Only institutions and accredited investors can buy their notes or MicroStrategy’s.
There’s a new ETF called BMAX that only invests in notes and bonds from BTC Treasury companies. It’s an easy way to invest retirement funds that couldn’t go directly to BTC.