Crypto

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

MicroStrategy, led by Executive Chairman Michael Saylor, continues to lead the way in bitcoin adoption as a corporate treasury asset. The company has solidified its position as the largest corporate holder of BTC since it began purchasing the digital currency in 2020.

In its most recent acquisition, MicroStrategy now holds a total of 252,220 bitcoin, which is valued at nearly $16 billion based on current market prices. The company acquired the bitcoin at an average price of $39,266, resulting in a total cost of $9.9 billion.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry.What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content.As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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