Crypto Token Tracker logo Crypto Token Tracker logo
Coin Edition 2024-03-14 12:37:00

MicroStrategy’s BTC Arsenal to Grow with $500M Raise, Already Holds 205K

MicroStrategy Incorporated has significantly expanded its Bitcoin portfolio by acquiring an additional 12,000 Bitcoins. The purchase, valued at around $822 million, was financed through the use of convertible notes along with surplus cash. This purchase has significantly increased the business’s holdings of Bitcoin to 205,000, now worth more than $15 billion in equity. This jump The post MicroStrategy’s BTC Arsenal to Grow with $500M Raise, Already Holds 205K appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.