Strategy Acquires 499,096 Bitcoin with $2 Billion Debt Offering
- Strategy has acquired a total of 499,096 Bitcoin, representing 2.3% of Bitcoin’s total supply cap.
- The company completed a $2 billion debt offering to fund further Bitcoin acquisitions and corporate purposes.
- 20,356 Bitcoin were added to Strategy’s treasury during the week ending February 23.
- The acquisition was financed through a $2 billion senior convertible note offering.
- Strategy’s total Bitcoin holdings were acquired for approximately $33.1 billion at an average price of $66,357 per Bitcoin.
Michael Saylor’s Strategy announced it had added over 20,000 BTC to its treasury, bringing its total holdings to nearly half a million Bitcoins. This purchase was funded by a recently completed $2 billion debt offering.
Source (2.6)https://cryptobriefing.com/bitcoin-acquisition-strategy-saylor/?rand=59535
