MicroStrategy Plans Stock Sale with Potential Bitcoin Purchase

posted  2 Aug 2023
Photo - MicroStrategy Plans Stock Sale with Potential Bitcoin Purchase
MicroStrategy intends to raise up to $750 million through a stock sale, stating it might use the proceeds to purchase additional BTC.Saylor's company bought 467 BTC in July at an average price of $30,835, without any previous sales of Bitcoin.The company currently holds 152,800 BTC, valued at $4.53 billion.