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MicroStrategy Adds $500 Million Worth of Bitcoin at $61,750 Average Price

by 365Crypto September 21, 2024, 11:42 am 657 Views 0 Votes Comments Off on MicroStrategy Adds $500 Million Worth of Bitcoin at $61,750 Average Price

After completing it’s $1.1billion of convertible notes, to pay for previous debt and acquire more bitcoin.

MicroStrategy Completes $1.01 Billion Upsized Offering of Convertible Notes at 0.625% Coupon and 40% Conversion Premium. $MSTR https://t.co/mJK5xwyn4S
— Michael Saylor⚡️ (@saylor) September 20, 2024

MicroStrategy added another 7420 bitcoin, for $458.2 million at an average price of $61,750 per bitcoin

MicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per #bitcoin and has achieved BTC Yield of 5.1% QTD and 17.8% YTD. As of 9/19/2024, we hodl 252,220 $BTC acquired for ~$9.9 billion at ~$39,266 per bitcoin. $MSTR https://t.co/JUtgztpzBu
— Michael Saylor⚡️ (@saylor) September 20, 2024