MicroStrategy (MSTR) to Offer $600M Debt to Buy More Bitcoin (BTC) Following Stock Rally

Date:

Share post:



MicroStrategy (MSTR) to Offer $600M Debt to Buy More Bitcoin (BTC) Following Stock Rally

Helmed by its founder, former CEO and now Executive Chairman Michael Saylor, the company has been a relentless accumulator of bitcoin since mid-2020. At last check, MicroStrategy held 193,000 tokens worth more than $13 billion at the current price of $67,500.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Where to Stay in Split Without Getting Stuck Above a Bar

Split is small enough to cross on foot, but...

Designing A (Scalable) Advisory Firm PTO Policy

× Please contact your Firm's Group AdminIAR CE is only available if your organization...

NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump

NEAR Protocol’s token climbed 15% over the past 24 hours to $2.8, extending a month-long rally that...

Chun Wang Joins SpaceX Lunar and Mars Missions

Chun Wang, the Chinese-born Maltese entrepreneur who founded the Bitcoin mining pool F2Pool, has joined SpaceX’s first...