Tuesday, 12 March 2024

Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise

by Earn Media

Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well received in the marketplace and upsized to a total of $800 million in aggregate principal amount,” the company […]
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