Bitcoin

<ul><li>MicroStrategy accumulates 11,931 BTC for $786 million, following the company’s $800 million convertible note offerings.</li><li>With the recent purchase, MicroStrategy’s total Bitcoin holding has reached 226,331 tokens, worth $15 billion.</li><li>While MicroStrategy’s stock has surged by 135% in a year, analysts predict a potential 80% growth.</li></ul>MicroStrategy, the largest public holder of Bitcoin (BTC), has marked another significant milestone by acquiring 11,931 BTC for $786 million. Michael Saylor, the founder and chairman of MicroStrategy, announced the company’s massive Bitcoin accumulation, which was “using proceeds from convertible notes and excess cash.”<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfqYyA-betkxmio7i_0yinDW155pJqMrdYCLu9ijLnpve8tJNau9o-R_o1GOFndGNKaX-kNIFgGFsh3HOWB1xJMo07jwKu5DKWuNdvkAp0PR8DwTVuq7b_SXiRmqUnTSypwCyA_mF2HWuSG1hCELWWYTIQt?key&#61;aMs9a42y3We3sIwqE5EEpw" />MicroStrategy’s Massive Bitcoin AccumulationReportedly, the recently added Bitcoins bring MicroStrategy’s total BTC holdings to 226,331 tokens, worth $15 billion, at the cryptocurrency’s current price. The platform’s Bitcoins were purchased at an average price of $36,798 per token. Since MicrosStrategy’s first purchase of Bitcoin in 2020, the company’s Bitcoin portfolio has grown nearly 10x.<a href="https://cryptotale.org/microstrategys-double-move-btc-purchase-and-800-convertable-note-offerings/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

MicroStrategy’s Double Move: BTC Purchase and $800 Convertable Note Offerings

CryptoTale

Muita 21. kesäk. 2024 julkaistuja artikkeleja

MoonBag Coin Revolution: Investors Join The Great Migration, Seeking Greener Pastures Of Scalabil...

S&P Global: Ethereum Restaking Can Give Birth to ‘Internet Bond’ Market, Will SEC Approve?

Qubetics Whitelist Gains Momentum as Binance and Ripple Lose Their Ground in the Wider Investment...

Ledger Unmasks A New Scam Trick Targeting Crypto And NFT Investors

LayerZero’s ZRO Token Airdrop Receives Backlash For ‘Proof-Of-Donation’ Mechanism

AI Crypto Fetch.ai (FET) Makes ‘Big Bounce’ – Volume Spikes Over 200% Ahead Of Merger

Join our free newsletter for daily crypto updates!