MicroStrategy Bolsters Bitcoin Holdings with 12,000 BTC Purchase, Total Now 205,000 BTC
$MicroStrategy(MSTR.US$ acquires 12,000 more $Bitcoin(BTC.CC$ , bringing total holdings to 205,000 BTC.
Purchase mostly funded by $782 million from convertible debt offering.
Purchase mostly funded by $782 million from convertible debt offering.
Michael Saylor announces acquisition at an average price of ~$68,477 per coin.
Total investment for the new batch stands at $821.7 million.
Firm initially aimed to raise $600 million, later increased to $700 million for Bitcoin purchases.
MicroStrategy shares surged nearly 10% in pre-market trading as Bitcoin hits new all-time high above $72,000.
Total investment for the new batch stands at $821.7 million.
Firm initially aimed to raise $600 million, later increased to $700 million for Bitcoin purchases.
MicroStrategy shares surged nearly 10% in pre-market trading as Bitcoin hits new all-time high above $72,000.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
