Bitcoin rises, corporate assets spark financial controversy

MicroStrategy plans to raise $400 million with convertible bonds to buy more Bitcoins, increasing its holdings to 38,250 Bitcoins. CEO Michael Saylor promoted Bitcoin as an inflation hedge, which not only attracted the interest of institutional investors, but also drove record futures trading on platforms such as Bakkt. Despite the company's recent financial losses, its transparent Bitcoin strategy is still affecting the trend of corporate adoption.