MicroStrategy recently raised $1 billion through a debt offering and disclosed the purchase of 7,420 Bitcoin this week. The company bought the BTC for $458.2 million at an average price of $61,750 per Bitcoin between Sept. 13 and Sept. 19. The funds from the senior notes offering, initially aimed at $700 million but increased to $875 million due to high demand, were used for the acquisition. This adds to MicroStrategy's total Bitcoin holdings of 252,220 BTC, acquired for $9.90 billion at an average price of $39,266 per Bitcoin. The company's Bitcoin holdings are currently valued at $15.84 billion, showing an unrealized profit of around $6 billion. MicroStrategy also reported a quarterly Bitcoin yield of 5.1% and a year-to-date yield of 17.8%. The company's ongoing Bitcoin purchases align with the interest in its ETFs, with new leveraged MicroStrategy ETFs gaining attention in the market. Read more AI-generated news on: https://app.chaingpt.org/news