MicroStrategy completes its $3 billion debt offering to buy more bitcoin 💰
MicroStrategy, the prominent business intelligence firm, has successfully completed its $3 billion debt offering. The funds are intended for the purpose of acquiring additional Bitcoin, further solidifying the company's position in the cryptocurrency market.
The firm's Bitcoin purchase was made at an average price of $49,874 per Bitcoin. This brings MicroStrategy's total Bitcoin investment to a substantial $16.5 billion, highlighting its aggressive strategy in leveraging digital assets.
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