Bitcoin

<ul><li>MicroStrategy secures 12,000 Bitcoin boosting holdings to $14 billion which coincides with strong price performance soaring 675% since 2020.</li><li>El Salvador&#39;s Bitcoin treasury sees $84 million in unrealized profit driven by President Bukele&#39;s innovative strategies.</li><li>President Bukele reveals El Salvador&#39;s Bitcoin success, recognizing a 250% rise in value since the historic Bitcoin Law.</li></ul>Major Bitcoin holder American software company MicroStrategy has purchased an additional 12,000 Bitcoin for $821.7 million. This brings their total holdings to around 205,000 BTC acquired which are equivalent to over $14 billion at an average price of $33,706 per coin. An X post by Lookonchain on February 26 <a href="https://twitter.com/lookonchain/status/1762119857586536452" rel="noopener noreferrer nofollow">highlighted</a> MicroStrategy&#39;s earlier acquisition of 3,000 BTC amounting to $155 million at $51,813 per Bitcoin.The fresh Bitcoin acquisition between February 26 and March 10 comes as MicroStrategy <a href="https://www.microstrategy.com/press/microstrategy-completes-800-million-offering-of-0625-convertible-senior-notes-due-2030_03-11-2024" rel="noopener noreferrer nofollow">completes</a> its latest private offering of convertible notes. The notes carrying an interest rate of 0.625% per annum are convertible to cash MicroStrategy stocks or a combination of the two. MicroStrategy completed an $800 million convertible note offering utilizing the proceeds to acquire the abovementioned BTC at an average price of $68,477 per BTC.<a href="https://cryptotale.org/bitcoin-soars-microstrategy-and-el-salvador-attain-success/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Bitcoin Soars: MicroStrategy and El Salvador Attain Success

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