MicroStrategy, the largest corporate holder of Bitcoin, has announced plans to issue $700 million in convertible senior notes to fund the redemption of existing debt and acquire additional Bitcoin. This marks the company's third debt offering of 2024, continuing its aggressive strategy of leveraging debt to expand its Bitcoin portfolio, which now stands at 244,800 BTC worth approximately $14.14 billion. The notes will mature in 2028 and bear semi-annual interest starting in March 2025, with options for investors to convert into cash or common stock. Despite facing volatility and digital asset impairment losses, MicroStrategy's stock has surged nearly 295% over the past year, largely driven by its Bitcoin investments. Michael Saylor, the company's founder, remains bullish on Bitcoin's long-term prospects, projecting significant future value.