Posted 3/13/2024, 9:33:52 PM
MicroStrategy Aims to Raise $1.1 Billion in Private Sales to Buy More Bitcoin, Now Holding Over $15 Billion Worth
- MicroStrategy seeks to raise another $500M via a private sale of convertible senior notes to purchase more Bitcoin
- This comes after last week's announced $600M private sale for the same purpose
- MicroStrategy is the largest corporate holder of Bitcoin with over 205,000 coins worth over $15B
- MicroStrategy first started buying Bitcoin back in 2020 as part of its crypto strategy
- Bitcoin recently hit a new all-time high price above $73,600, up 9% in the last 7 days
