MicroStrategy Plans to Push Corporate Bitcoin Investment Above $1,000,000,000
Hold strong and by all means, do not sell your Bitcoin – these corporations are stacking big time!
MicroStrategy Plans to Push Corporate Bitcoin Investment Above $1,000,000,000 Mark
“MicroStrategy, one of the largest independent publicly traded business intelligence companies in the world, plans to buy an additional $400 million worth of Bitcoin.
The firm says it plans to offer $400 million worth of senior convertible notes to qualified institutional buyers for the express purpose of investing in BTC, ‘pending the identification of working capital needs and other general corporate purposes,’ according to a press release.
The announcement comes only a few days after MicroStrategy chief executive Michael Saylor announced on Twitter that the company had bought more than $50 million worth of additional Bitcoin.”