MicroStrategy, led by Michael Saylor, has amassed 461,000 Bitcoin valued at nearly $49 billion through issuing convertible notes. The company is now seeking to redeem its notes due in 2027, aiming to reduce leverage and defer repayment risks to 2028.

MicroStrategy, under Michael Saylor's leadership, has accumulated 461,000 Bitcoin worth nearly $49 billion by issuing convertible notes to buy more Bitcoin. The company is now calling for the redemption of its notes due in 2027, reducing leverage and pushing repayment risks to 2028.

MicroStrategy Seeks to Redeem Notes as Bitcoin Holdings Near $50 Billion