MicroStrategy Raises Recent Convertible Notes Offer to $2.6 Billion to Buy More Bitcoin By U.Today
From Investing.com
November 20, 2024 12:00:29 pm:
MicroStrategy, led by Michael Saylor, is increasing its BTC holdings by raising its recent notes offer from $1.75 billion to $2.8 billion. The company plans to use the proceeds to purchase more Bitcoin after already acquiring $4.6 billion worth in one week. MicroStrategy now holds 331,200 BTC, equivalent to $29.7 billion. Bitcoin hit $94,000 on Tuesday.
Read more at Investing.com: MicroStrategy Raises Recent Convertible Notes Offer to $2.6 Billion to Buy More Bitcoin By U.Today