Latest News MicroStrategy plans to buy more Bitcoins By AtoZcrypto Posted on February 18, 2021 1 min read 0 1 87 We already know that MicroStrategy is an ardent supporter of Bitcoin, and its CEO urged other companies to invest in it at a recent conference. To push forward, this company is planning to buy even more Bitcoins. For that, it will sell senior notes (convertible, due 2027) worth $600 million in aggregate. Those who will be the first purchasers can purchase an additional $90 million too. The company will use the net proceeds to purchase more cryptocurrencies in the future. On Tuesday during early trading hours, MSTR’s volume was down by 5%. Microstrategy shed its cloak of obscurity and hogged the headlines last August, after using treasury funds to purchase Bitcoins. Since then, it currently has $3.5 million of this currency, which they plan to increase very soon. We don’t have all the details, just yet, but we will update you as soon as possible.
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