Microstrategy is not done stacking Bitcoin, despite being one of the most active institutional buyers in the market. The firm announced today that it had purchased an additional $15 million worth of Bitcoin. It now holds over 90,000 BTC, becoming one of the largest hodlers in the market. Microstrategy has become synonymous with institutional BTC […]
The crypto market, led by Bitcoin, has been in a correction since 22 February when bitcoin fell from a high of $58,330 to a low of $45k, leading to hundreds of billions in losses and panic from unseasoned investors. The massive losses and the fact that bitcoin is still yet to recover above the $50K […]
MicroStrategy’s ongoing “Bitcoin Acquisition Strategy” sees it continue to take on debt to buy more BTC. Why do investors remain excited?
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Software intelligence firm MicroStrategy announced details following a proposal to offer more convertible senior notes to buy bitcoin.
The post MicroStrategy Ups Note Offering For Buying More Bitcoin To $900 Million appeared first on Bitcoin Magazine.