Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale
Submitted by Anonymous (not verified) on Tue, 03/19/2024 - 15:30
On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced the company acquired 9,245 bitcoin for $623 million using the proceeds and excess cash. Microstrategy Now Holds 214,246 Bitcoin After Microstrategy announced its convertible note sale, the […]