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mick

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mick

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Re: mick post# 621818

Wednesday, 09/25/2024 4:03:10 PM

Wednesday, September 25, 2024 4:03:10 PM

Post# of 635849
MicroStrategy (NASDAQ:MSTR) – MicroStrategy raised $1.01 billion by selling convertible senior notes to acquire more Bitcoin and redeem higher-yielding bonds. The company used $458 million to purchase Bitcoin, increasing its total holdings to about 252,220 units, solidifying its position as the largest corporate holder of the cryptocurrency. Shares rose 2.3% in pre-market trading, after closing 0.1% higher on Friday.
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