New $1 Billion Plan from MicroStrategy: Will They Purchase Bitcoin?

Details have emerged about MicroStrategy, known for its interest in Bitcoin. Accordingly, the company will sell its shares worth 1 billion dollars.

New $1 billion plan from Microstrategy: Will they purchase Bitcoin? As it is known, MicroStrategy had recently completed its 500 million dollars worth of borrowing in order to buy Bitcoin. However, new information about the company has emerged. According to the report published and reported to the SEC, the company will sell its 1 billion dollars worth of stock. Explaining the details of this sale in the S-3 form, MicroStrategy stated that there are more than one reason for the sale in question, and buying BTC with the funds to be created is among these reasons. The company currently has 92 thousand BTC. The current value of Bitcoins in the company's portfolio is around $ 3.7 billion. https://twitter.com/michael_saylor/status/1404544556989833218 The news flow that there may be a possible BTC purchase of 1 billion dollars after the 500 million dollar borrowing by MicroStrategy caused the BTC price to increase. Bitcoin, which climbed over $ 40 thousand in the last hours, had declined to $ 31 thousand a few days ago.