MicroStrategy Raises $1 Billion to Buy Bitcoin, Redeem Notes
MicroStrategy Inc. said it raised $1.01 billion through the sale of convertible senior notes to purchase more Bitcoin and redeem higher yielding securities.
MicroStrategy’s $510 Bitcoin Bet After Debt Clearance
MicroStrategy raised $1.01 Billion funds and shall be repaying their debt of $500 Million and remaining fund will be used to invest in Bitcoin for expansion.
MicroStrategy Buys Additional $489 Billion Worth of Bitcoin
MicroStrategy purchased an additional $489 million of Bitcoin, swelling its corporate Bitcoin treasury to over 252,000 BTC worth nearly $10 billion. The company's Bitcoin strategy aims to boost returns and hedge against inflation.
MicroStrategy raises $1.01B for Bitcoin acquisitions
MicroStrategy Incorporated has completed an approximately $1.01 billion offering of 0.625% convertible senior notes due 2028, with plans to use a portion of the proceeds for Bitcoin acquisition. The private offering,
MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B
With the latest acquisition, the company now holds 252,220 bitcoin worth nearly $16 billion at current prices.
MicroStrategy Completes $1B Offering of Convertible Notes for Bitcoin and Debt Repayment
MicroStrategy completes a $1.01 billion convertible notes offering for Bitcoin and debt repayment. Here’s the latest.
Breaking: MicroStrategy Completes $1.01 Bln Debt Offering To Buy Bitcoin
After it unveiled plans to issue Convertible Senior Notes, MicroStrategy has completed a $1.01 billion debt offering to buy more Bitcoin
Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market
Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift.
MicroStrategy Raises $875M In Convertible Notes, Plans Further Bitcoin Purchases
Business intelligence firm MicroStrategy (NASDAQ:MSTR) announced the pricing of its offering of $875 million in convertible senior notes, due in 2028. What Happened: This offering, expected to close by Sep.
MicroStrategy Plans to Raise $700M For Additional Bitcoin Investment And Buyback Debt
MicroStrategy, a business intelligence and cloud-based services firm, announced its plans to sell $700 million in senior convertible notes.
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MicroStrategy Buys Another $458M Bitcoin, New ATH Soon?
MicroStrategy, the leading publicly traded corporate holder of Bitcoin (BTC), has continued its BT buying spree. On Friday, ...
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MicroStrategy adds 7,420 BTC to its stash, reveals $1 billion in cash for another buying round
Microstrategy acquires 7,420 bitcoin for $458.2 million, bringing its total holdings to 252,220 BTC valued at $9.9 billion.
According to MicroStrategy's Michael Saylor, Now Is the Time to Go All-In on Bitcoin. Is He Right?
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MicroStrategy's Bitcoin Playbook Is Becoming A Hit Among Companies, But There's A Catch
As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative ...
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Maximizing Bitcoin per Share: A New Corporate Strategy
Cathedra's goal is now to maximize bitcoin holdings per share by moving away from mining to create a more sustainable cash ...
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Is MicroStrategy’s Borrow-to-Buy Bitcoin Strategy a Risk Too Big to Take on?
Much of the proceeds from that debt will be used to redeem/pay off other debt, but MicroStrategy also expects to use some of the proceeds to purchase Bitcoin. Previously known mainly as a software ...
Max Keiser Attacks Michael Saylor For Finding Fault With El Salvador's Bitcoin Strategy: 'You Owe Nayib Bukele An Apology'
Staunch Bitcoin (CRYPTO: BTC) advocate Max Keiser slammed MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor for ...