Thursday, June 20, 2024

Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase

Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest PurchaseNasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded through proceeds from a private offering of convertible senior notes that offer a 2.25% annual interest rate. MSTR Now Hodls […]

via Kevin Helms

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