🚀 **MicroStrategy Buys More Bitcoin!** 🚀
MicroStrategy has just announced another big Bitcoin purchase! The company acquired 7,420 BTC, spending over $458 million at an average price of $61,750 per BTC. This brings their total holdings to a whopping 252,220 BTC!
🔹 $1B Convertible Notes: MicroStrategy completed a $1 billion convertible senior notes offering to fund this purchase.
🔹 Unrealized Profit: The company’s Bitcoin stash, bought at an average of $39,266 per BTC, now boasts an unrealized profit of over $5.9 billion!
What do you think about MicroStrategy's bold moves? Share your thoughts in the comments! 💬