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Bitcoin News | 2 months ago (raw) | export | reply | flag +1 -1 
 MicroStrategy announces third debt offering of 2024, plans to raise $700M
The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently holds 244,800 BTC. 
https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1726530836819-YAKIHONNES3.png
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Daniell | 2 months ago (raw) | root | parent | reply | flag 
 The proceeds from this debt offering will primarily be used to pay off $500 million in existing debt and to acquire additional Bitcoin. Currently, MicroStrategy holds 244,800 BTC, and this new funding is part of its broader strategy to increase its cryptocurrency investments
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CODED SHADOWS | 2 months ago (raw) | root | parent | reply | flag 
 Wild
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nilla Aprilia | 2 months ago (raw) | root | parent | reply | flag 
 Refinancing Existing Debt: A substantial portion of the proceeds, approximately $500 million, will be allocated to pay off existing debt obligations. This move is part of MicroStrategy's strategy to manage its financial commitments more effectively.
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f8a7a579 | 2 months ago (raw) | root | parent | reply | flag 
 lan