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International Business Times
International Business Times
Business
Marvie Basilan

MicroStrategy Now Holds Over 214K Bitcoin After Snapping Up 9,245 More BTC

MicroStrategy Bitcoin Saylor Bill Ackman BlackRock
Michael Saylor's MicroStrategy has once again purchased thousands of Bitcoin. (Credit: AFP)

KEY POINTS

  • The company made the latest buy after completing its $600 million convertible notes offering
  • MicroStrategy had 205,000 Bitcoin holdings on March 10, exceeding BlackRock's IBIT
  • MicroStrategy said earlier this year that it was transitioning to a 'Bitcoin development company'

Tech firm MicroStrategy has once again ballooned its Bitcoin trove as the company acquired 9,245 more Bitcoin (BTC) after completing its senior convertible notes offering.

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