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Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital Raise

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Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After 0 Million Capital Raise
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Source: Bitcoin.com

Microstrategy Boosts Bitcoin Holdings to 205,000 BTC After $800 Million Capital RaiseMicrostrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well received in the marketplace and upsized to a total of $800 million in aggregate principal amount,” the company […]

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Author: Kevin Helms

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