{"id":27583,"date":"2024-03-14T00:10:20","date_gmt":"2024-03-14T00:10:20","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-development-company-microstrategy-buying-more-btc-after-another-capital-raise\/"},"modified":"2024-03-14T00:10:20","modified_gmt":"2024-03-14T00:10:20","slug":"bitcoin-development-company-microstrategy-buying-more-btc-after-another-capital-raise","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-development-company-microstrategy-buying-more-btc-after-another-capital-raise\/","title":{"rendered":"&#8216;Bitcoin Development Company&#8217; MicroStrategy Buying More BTC After Another Capital Raise"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>MicroStrategy, a company increasingly aligning its identity with <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> investment, recently announced plans for new $500 million convertible debt offering. This strategic financial move is aimed at acquiring additional Bitcoin, further solidifying its stance in the cryptocurrency market. This announcement follows closely on the heels of a successful $800 million convertible debt offering, an increase from an initially planned $600 million, which the company completed just days earlier. The funds from this previous capital influx, along with existing company reserves, facilitated the purchase of an additional 12,000 bitcoins at a cost of <a href=\"https:\/\/igaming.org\/crypto\/microstrategy-buys-822-million-in-bitcoin\/\">$821.7 million<\/a>.<\/p>\n<p>With this latest acquisition, MicroStrategy\u2019s Bitcoin holdings have grown to an impressive 205,000 bitcoins, valued at nearly $15 billion. The company\u2019s aggressive investment strategy underscores its belief in Bitcoin\u2019s value proposition and its commitment to integrating cryptocurrency into its operational framework.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/microstrategy-invests-another-500m-in-bitcoin\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) MicroStrategy, a company increasingly aligning its identity with Bitcoin investment, recently announced plans for new $500 million convertible debt offering. This strategic financial move is aimed at acquiring additional Bitcoin, further solidifying its stance in the cryptocurrency market. This announcement follows closely on the heels of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":27584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27583"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=27583"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/27584"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=27583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=27583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=27583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}