MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B
The business acquired 7,420 bitcoin in between September 13 and 19 for at a typical cost of $61,750.The company upsized today's convertible note providing to $1.01 billion primary quantity from $700 million, and utilized the profits for the BTC acquisition.00:57Is Bitcoin Losing Its Bullish Momentum?01:53U.S. Adds 206K Jobs in June; Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash45:11Bitcoin's Price Is Way Up. And $48 Trillion in Wealth Just Got Access08:42Bitcoin Ecosystem Developments in 2023 as BTC Hits Fresh 2023 HighNasdaq-listed software application business MicroStrategy (MSTR) stated Friday that it acquired 7,420 bitcoin (BTC) for about $458.2 million utilizing the profits of its financial obligation offering. The acquisition occurred in between Sept. 13 and 19 at a typical B...