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coinpedia 2024-03-19 13:46:59

MicroStrategy Acquired an Additional 9,245 Bitcoins After Completing an Oversubscribed Convertible Senior Notes Offering

The post MicroStrategy Acquired an Additional 9,245 Bitcoins After Completing an Oversubscribed Convertible Senior Notes Offering appeared first on Coinpedia Fintech News MicroStrategy Inc. (NASDAQ: MSTR) has highlighted that it successfully raised $603.75 million from the previously announced offering of convertible senior notes due 2031. As expected, MicroStrategy immediately converted the raised funds to Bitcoins to cement its long-term investment strategy. According to a different announcement, MicroStrategy acquired 9,245 Bitcoins for about $623 million. As a result, …

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