MicroStrategy has completed its latest note offering, raising over $800 million to buy more Bitcoin for its treasury reserve.
American software technology firm MicroStrategy has completed a fresh $800 million convertible note offering, with the proceeds used to add another 12,000 BTC to its Bitcoin treasury reserve.
MicroStrategy announced its intent to offer a new round of convertible notes on March 6 as Bitcoin reached a new all-time high. The company completed the private offering on March 8, with the aggregate principal amount sold valued at $800 million.
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