MicroStrategy plans $500M stock sale to buy more Bitcoin

MicroStrategy plans $500M stock sale to buy more Bitcoin
фото показано с : cointelegraph.com

2024-6-14 14:02

MicroStrategy plans a $500 million stock sale to fund additional Bitcoin acquisitions, reinforcing its commitment to BTC as a treasury reserve asset.

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bitcoin microstrategy sale stock plans btc commitment

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MicroStrategy bought $167M worth of Bitcoin in Q3 2023, holds over $4B total

Steadfast Bitcoin investor MicroStrategy announced that it purchased another batch of Bitcoin in its Q3 2023 earnings report on Nov. 1. Andrew Kang, Chief Financial Officer (CFO) at MicroStrategy, said: “We further increased our total bitcoin holdings to 158,400 bitcoins, adding 6,067 bitcoins since the end of the second quarter.

2023-11-2 02:45