MicroStrategy, the largest corporate holder of Bitcoin, is making headlines again! The company is set to raise a staggering $1.75 billion through senior convertible notes at a 0% interest rate, with plans to acquire even more Bitcoin. 💰
Here's what you need to know:
- MicroStrategy currently holds 331,200 Bitcoin, valued at over $30.3 billion.
- This latest funding could allow them to purchase an additional 19,065 Bitcoin at current prices.
- The firm has seen a 133% return on its Bitcoin investment strategy, with an average purchase price of $39,292.
As Bitcoin hovers around $91,653, MicroStrategy's aggressive strategy continues to position it as a leader in the crypto space. 📈
