2024

Bitcoin

Million

In his post on his X account, MicroStrategy founder Michael Saylor shared that MicroStrategy has completed the $ 800 million bond offering it planned to buy more Bitcoin. 
<blockquote> 
 “MicroStrategy announced today that it has completed its previously announced offering of 0.625% convertible senior notes due 2030 on March 8, 2024. 
 Net proceeds from the sale of the notes were approximately $782.0 million, after deducting initial purchasers' discounts and commissions and estimated offering expenses payable by MicroStrategy. 
 MicroStrategy used the net proceeds from the sale of the notes to obtain additional bitcoins.” 
</blockquote> 
According to subsequent information, on March 11, 2024, MicroStrategy announced that it purchased approximately 12,000 Bitcoins with approximately $821.7 million in cash between February 26, 2024 and March 10, 2024. 
The company said it obtained $781.1 million of this cash from proceeds from the sale of bonds and $40.6 million from excess cash. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 MicroStrategy has acquired an additional 12,000 BTC for ~$821.7M using proceeds from convertible notes &amp; excess cash for ~$68,477 per <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a>. As of 3/10/24, <a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MSTR</a> hodls 205,000 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> acquired for ~$6.91B at average price of $33,706 per bitcoin. <a href="https://t.co/YayyKtpz8d">https://t.co/YayyKtpz8d</a> 
 — Michael Saylor<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@saylor) <a href="https://twitter.com/saylor/status/1767158870294605904?ref_src=twsrc%5Etfw">March 11, 2024</a>
</blockquote> 
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*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/microstrategy-sells-800-million-to-buy-more-bitcoin-bitcoin-passed-72000/">MicroStrategy Sells $800 Million to Buy More Bitcoin! Bitcoin Passed $72,000!</a>

MicroStrategy Sells $800 Million to Buy More Bitcoin! Bitcoin Passed $72,000!

Bitcoin Sistemi EN

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