Krutika Adani
MicroStrategy, one of the largest crypto holders, has proposed buying Bitcoin via convertible notes worth $500M.
Only those investors who qualify under rule 144 of the SEC Act of 1934 are allowed to invest.
Microstrategy has always bought Bitcoin despite all odds, even while sitting on a giant $1 bn loss during the crypto winter.
MicroStrategy founder and former CEO Michael Saylor predicted that Bitcoin could reach $350k by the end of 2024.
Rather than buying in FOMO, investors should do their own research before buying Bitcoin.