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Home»Market»MicroStrategy (MSTR) Boosts Bitcoin (BTC) Holdings with $460M Purchase, Upsized Convertible Note Offering to $1B
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MicroStrategy (MSTR) Boosts Bitcoin (BTC) Holdings with $460M Purchase, Upsized Convertible Note Offering to $1B

September 22, 2024No Comments1 Min Read
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With the latest purchase, the firm now holds 252,220 bitcoin worth nearly $16 billion at current prices, acquiring at an average BTC price of $39,266 for a total cost of $9.9 billion. The firm still has some $889 million left from its $2 billion ATM equity issuance to acquire more BTC, per last week’s regulatory filing.

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See also  Bitcoin Miner Bit Digital Diversifies Into AI for 'Substantially Higher Margin' Than Mining
460m Bitcoin Boosts BTC convertible Holdings MicroStrategy MSTR note offering Purchase Upsized
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