MicroStrategy's Bitcoin Ambitions: $700 Million Fundraise For Further Acquisitions

On Monday, business intelligence firm Microstrategy, led by Bitcoin BTC BTC - $62826.965 advocate Michael Saylor, announced its intention to offer $700 million in convertible senior notes due 2028 as part of a broader strategy to strengthen its Bitcoin portfolio while restructuring existing debt.

Source: bitcoinist.com

Related symbols: BTCUSD

2024-09-17 04:15:04 GMT.

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Price & Market Data

Price: $62826.965

Volume 24h: $44,058,586,865.45

Market Cap: $1,241,228,360,064.32

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.