MicroStrategy Acquires 12,000 BTC With Convertible Senior Notes Proceeds

58

MicroStrategy Acquires 12,000 BTC With Convertible Senior Notes Proceeds

MicroStrategy Acquires 12,000 BTC With Convertible Senior Notes Proceeds

The software firm, founded by staunch bitcoin advocate Michael Saylor, now holds 205,000 BTC worth around $14.7 billion. MicroStrategy acquired its latest batch of BTC for ~$68,477 per coin, Saylor said in a post on X on Monday. In total, the company acquired the bitcoin for $821.7 million, using the proceeds from the debt raise and excess cash.



OK