MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to...

MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B

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Source: Coindesk.com

The company purchased 7,420 bitcoin between September 13 and 19 for at an average price of $61,750. The firm upsized this week's convertible note offering to $1.01 billion principal amount from $700 million, and used the proceeds for the BTC acquisition.

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The post "MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B" appeared first here Coindesk.com.

Source: Coindesk.com

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