Reported 4 days ago
MicroStrategy has significantly boosted its Bitcoin holdings by acquiring 51,780 BTC for approximately $4.6 billion, bringing its total to 331,200 BTC. The company plans to raise $1.75 billion through zero-interest convertible notes to continue expanding its Bitcoin investments, with a long-term goal of raising $42 billion as part of its '21/21' initiative. MicroStrategy has invested a total of $16.5 billion in Bitcoin since 2020, and currently holds over 1% of the total Bitcoin supply, with its market valuation around $69 billion.
Source: YAHOO