MicroStrategy issues $400 million in bonds to increase its Bitcoin Holdings, which have reached 40,824 coins.

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MicroStrategy recently announced plans to raise $400 million through the issuance of senior convertible bonds to increase its holdings in Bitcoin. The company stated that these bonds will become its unsecured senior debt, paying interest semi-annually starting from June 15, 2021, with specific dates being June 15 and December 15 each year. These bonds will mature on December 15, 2025, unless repurchased, redeemed, or converted early in accordance with their terms.

It is worth noting that just a few days ago, MicroStrategy CEO Michael Saylor revealed that the company had purchased $50 million worth of Bitcoin, at an average price of $19,427 per Bitcoin. Currently, the total amount of Bitcoin held by the company has reached 40,824 coins. Saylor had previously told investors that the company is actively exploring how to integrate Bitcoin business intelligence into its existing operations and apply it.

This series of actions indicates that MicroStrategy is increasing its investment in Bitcoin and seeking to integrate cryptocurrency with its core business. With the fluctuations in Bitcoin prices and changes in the market environment, the company's strategy and future development direction are worth paying attention to.

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MetaDreamervip
· 08-04 16:39
Playing big is definitely the right choice.
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DeFiCaffeinatorvip
· 08-04 13:05
All in, just do it and it's done.
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SelfRuggervip
· 08-01 17:09
Buying buying buying really gets carried away
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failed_dev_successful_apevip
· 08-01 17:09
Continue all in crypto world
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JustHereForMemesvip
· 08-01 17:06
Just this all in
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