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Coinpedia 2024-09-27 08:41:35

MicroStrategy Bitcoin Holdings Expand With $1B Purchase – but What’s the RoI?

The post MicroStrategy Bitcoin Holdings Expand With $1B Purchase – but What’s the RoI? appeared first on Coinpedia Fintech News As Bitcoin (BTC) gains popularity among Wall Street investors, MicroStrategy Inc. (NASDAQ: MSTR) has positioned itself as a major player. The company, known for its enterprise analytics and mobility software, has repeatedly sold shares to institutional investors to buy more Bitcoin. Recently, MicroStrategy completed a $1.01 billion convertible note offering, due in 2028, specifically to …

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