CandleFocus

MicroStrategy Raises Recent Convertible Notes Offer to $2.6 Billion to Buy More Bitcoin

MicroStrategy, led by Bitcoin advocate Michael Saylor, plans to increase its Bitcoin holdings by selling $2.8 billion worth of convertible senior notes. This comes after the company recently purchased $4.6 billion worth of Bitcoin, bringing its total holdings to 331,200 BTC, equivalent to $29.7 billion.

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