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MicroStrategy Executes Major $294 Million Bitcoin (BTC) Transfer Amid Market Shifts

September 19, 2024 at 11:56 AM GST updated: September 19, 2024 at 11:57 AM 2 mins read News MicroStrategy transferred 4,922.697 BTC, worth $294 million, to three new addresses, aligning with its strategy to increase Bitcoin holdings. The transfer coincided with the Federal Reserve’s rate cut, sparking Bitcoin’s 3% price surge and a rise in…

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MicroStrategy Announces Plans to Expand Bitcoin Holdings with $700 Million Offering

September 17, 2024 at 11:15 AM GST updated: September 17, 2024 at 10:37 AM 2 mins read News MicroStrategy plans to expand its Bitcoin holdings using a $700 million convertible notes offering targeting institutional buyers. Funds will repay $500 million in debt and buy more Bitcoin, showing MicroStrategy’s commitment to Bitcoin as a financial strategy….

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