The renowned corporate Bitcoin investor announced another debt offering to raise half a billion dollars to buy more BTC
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Knowing the company’s strategy focused on Bitcoin, the community expects this half a billion US dollars to be spent on another massive BTC chunk soon. The press release confirms these expectations by stating outright that the proceeds from the sale of these notes will be used for buying additional Bitcoin.
The press release stated that the company intends to offer $500 million convertible senior notes due 2032 in a private offering to institutional buyers under the Securities Act of 1933.Ethereum in Critical State, Here's Why Bitcoin Can't Reach $70,000, Will XRP Reach All-Time Low?
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
MicroStrategy's Michael Saylor Reacts as Bitcoin (BTC) Price Hits $71,000Bitcoin extended its price surge to reach highs of $71,980 in today's session
Les mer »
Cryptocurrencies Price Prediction: Bitcoin, Ondo & ShibaBitcoin/ U.S. dollar (BTC/USD) trading strategy: Overall, Bitcoin is still in an uptrend.
Les mer »
Michael Saylor Celebrates Important Bitcoin Anniversary: DetailsVocal Bitcoin proponent Saylor has published celebratory Bitcoin tweet to recall his personal BTC anniversary
Les mer »
Michael Saylor Reacts as Bitcoin (BTC) Breaks Above $71,000Vocal Bitcoin proponent Saylor makes BTC prediction as Bitcoin surpasses $71,000 price mark
Les mer »
Bitcoin Price Alert: 273,000 BTC Held at Key Bitcoin Supply RangeBitcoin reached highs of $71,980 before encountering resistance
Les mer »
Bitcoin ETFs hit new milestone as crypto community awaits price surgeBitcoin (BTC) ETFs worldwide now hold a record 1 million BTC, according to a recent X post by MicroStrategy CEO Michael Saylor.
Les mer »