Michael Saylor's MicroStrategy Raises $1B to Buy More Bitcoin
In a move that continues to fortify Michael Saylor’s commitment to the leading crypto, MicroStrategy has raised $1 billion to buy more Bitcoin. Indeed, the software technology firm released a press release Friday announcing the completion of 0.625% convertible senior notes due in 2028. The move comes after the firm purchased an additional 18,300 BTC a week from today. The purchase brings the total value of the company’s Bitcoin holdings beyond the $9.45 billion mark. Moreover, its recent move to sure up even more capital to acquire the asset will bring that total even higher. JUST IN: Michael Saylor's MicroStrategy raises $1 billion to purchase more #Bitcoin. — Watcher.Guru (@WatcherGuru) September 20, 2024 Also Read: Bitcoin: Michael Saylor Says BTC Will Eventually Reach $13M Saylor’s MicroStrategy Secures $1B to Add to 244,800 BTC Stash 2024 has proven to be massive for Bitcoin. Despite the asset’s notable decline just a year ago, it has returned to form ...