MicroStrategy Acquires 12,000 BTC with Convertible Senior Note Proceeds

Founded by staunch Bitcoin advocate Michael Saylor, the software company currently holds 205,000 BTC, worth about $14.7 billion. MicroStrategy acquired the latest batch of BTC for ~$68,477 per coin. X’s post said: On Monday. In total, the company used the proceeds of its debt financing and excess cash to acquire Bitcoin for $821.7 million.