Jamie Crawley is a CoinDesk news reporter based in London.
MicroStrategy has purchased 12,000 more bitcoin , mostly funded by the $782 million raised from its recent convertible deft offering.
The software firm, founded by staunch bitcoin advocate Michael Saylor, now holds 205,000 BTC worth around $14.7 billion. MicroStrategy acquired its latest batch of BTC for ~$68,477 per coin, Sayloron Monday. In total, the company acquired the bitcoin for $821.7 million, using the proceeds from the debt raise and excess cash.
looking to raise $600 million for the purchase of more bitcoin through the sale of convertible senior notesin a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.
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