Microstrategy to Buy More Bitcoin With Proceeds From $600M Convertible Note Sale
Submitted by Anonymous (not verified) on Tue, 03/05/2024 - 03:00
Nasdaq-listed company Microstrategy is planning to sell $600 million in convertible senior notes and use some of the proceeds to buy additional bitcoin. Microstrategy now holds 193K bitcoin. The company’s executive chairman, the pro-bitcoin Michael Saylor, says bitcoin has become the world’s “most popular investment asset.” Microstrategy to Buy More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) […]