michael saylor

MicroStrategy purchased an additional $489 million of Bitcoin, swelling its corporate Bitcoin treasury to over 252,000 BTC worth nearly $10 billion. The company's Bitcoin strategy aims to boost returns and hedge against inflation.

MicroStrategy will use the net proceeds from this offering to redeem Senior Secured Notes due 2028 and to acquire additional bitcoin.

MicroStrategy purchased an additional 18,300 bitcoins for $1.11 billion, boosting its total Bitcoin trove to 244,800 BTC acquired for $9.45 billion. The company continues its Bitcoin accumulation strategy, capitalizing on BTC appreciation.

Outside of MicroStrategy, Michael Saylor is also holding a large amount of BTC himself.

The company now owns 226,500 BTC worth $14.4 billion.

The Bitcoin 2024 conference continues today in Nashville with major keynotes from Michael Saylor, Cathie Wood, Edward Snowden, Robert F. Kennedy Jr. and other Bitcoin leaders speaking today.

MicroStrategy continues its aggressive BTC investment strategy with no signs of slowing down.

MicroStrategy boosted its planned stock sale to $700 million from $500 million to raise additional funds for purchasing Bitcoin amid strong investor demand.

MicroStrategy plans to raise $500 million through a convertible senior notes offering, with proceeds going primarily toward acquiring more Bitcoin for its corporate treasury.

An interview of Michael Saylor by Quoth the Raven, looking at Saylor's opinions on how Bitcoin integration into the financial system will play out.