MicroStrategy Buys More Bitcoin After $800M Note Offering

MicroStrategy, a major Bitcoin holder, completed an $800 million convertible note offering, using the proceeds to buy more BTC. The company acquired 11,931 Bitcoin for $786 million, bringing its total BTC holdings to 226,331. This latest purchase further solidifies MicroStrategy's commitment to Bitcoin as a long-term investment strategy. The company's BTC holdings are now worth roughly $8.33 billion.