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Home » MicroStrategy Reveals New 500 Million Plan to Purchase Additional Bitcoin
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MicroStrategy Reveals New 500 Million Plan to Purchase Additional Bitcoin

By adminJun. 13, 2024No Comments1 Min Read
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MicroStrategy Reveals New 500 Million Plan to Purchase Additional Bitcoin
MicroStrategy Reveals New 500 Million Plan to Purchase Additional Bitcoin
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MicroStrategy has made a groundbreaking announcement, revealing its plan to raise $500 million through bonds in order to invest in more Bitcoin (BTC). The institutional Bitcoin advocate, MicroStrategy, led by founder Michael Saylor, shared this news on their official account. The company stated that they intend to use the funds raised from the sale of convertible senior notes for the purpose of acquiring additional Bitcoin and for general corporate needs. This move signifies MicroStrategy’s continued bullish stance on Bitcoin and its belief in the long-term potential of the cryptocurrency market. For those interested in investing in various cryptocurrencies, including Bitcoin, Binance exchange offers a 20% commission discount for new registrations. Stay updated with the latest news, analysis, and on-chain data by following our Telegram and Twitter accounts.

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