Michael Saylor’s MicroStrategy Acquired Another 9,245 BTC for $623M

Michael Saylor’s MicroStrategy Acquired Another 9,245 BTC for $623M

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Source: Coindesk.com

MicroStrategy used $592.3 million from its most recent convertible deft offering and $30.7 million in excess cash to make the purchase. The company now owns more than 1% of all the bitcoin that will ever exist. MSTR shares are down over 10% in pre-market activity following bitcoin's slump to $63,000.

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The post "Michael Saylor's MicroStrategy Acquired Another 9,245 BTC for $623M" appeared first here Coindesk.com.

Source: Coindesk.com

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