MicroStrategy transferred over $114 million worth of Bitcoin, plans to raise more funds for BTC

From Investing.com
November 2, 2024 01:00:21 pm:

MicroStrategy transferred 1,652 Bitcoin worth $114.38 million to a new wallet, as reported by Lookonchain. The move has sparked interest in the crypto community. MicroStrategy remains the largest public corporate holder of Bitcoin, with 252,220 BTC worth $17.56 billion. Plans to raise an additional $42 billion to buy more Bitcoin are underway. MicroStrategy has hired banks to raise funds through the sale of shares and fixed-income instruments. The company has previously raised billions through convertible senior notes and share sales to increase its Bitcoin stash.

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