MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing By Cointelegraph
[ad_1]
MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filingMicroStrategy, the largest institutional (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing.
MicroStrategy, co-founded by Bitcoin bull Michael Saylor, amassed approximately 129,699 BTC over several years at an aggregate purchase price of $3.977 billion. Despite market uncertainties, the business analytics software firm continues to pursue its goal of acquiring more BTC by selling company stocks. The filing confirmed:
Continue Reading on Coin Telegraph
[ad_2]
Source link
MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filingMicroStrategy, the largest institutional (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing.
MicroStrategy, co-founded by Bitcoin bull Michael Saylor, amassed approximately 129,699 BTC over several years at an aggregate purchase price of $3.977 billion. Despite market uncertainties, the business analytics software firm continues to pursue its goal of acquiring more BTC by selling company stocks. The filing confirmed:
Continue Reading on Coin Telegraph
About The Author
