MicroStrategy has published a press release in which it announced an increase in investment in Bitcoin to $ 900 million. The day before, it announced that it would invest $ 600 million in Bitcoin, but now this amount has increased by 50%. The company will place a bond loan maturing in February 2027 and the possibility of early redemption of securities from February 2024, writes RBC Crypto.
“Net income from the sale of bonds will amount to $ 879.3 million (or approximately $ 1 billion if the original buyers fully exercise their right to purchase additional bonds),” – said in a press release.
It is possible that the document already refers to the company’s new proposal, which has nothing to do with plans to invest $ 600 million in BTC, Reuters reports. However, both recent releases contain the same data on bonds, with the exception of the amount. The last document also states that the company reserves the right to increase its investment by another $ 150 million.
MicroStrategy is the largest publicly traded cryptocurrency company. In 2020, she bought over 71 thousand bitcoins. Investments in cryptocurrency brought the company more than $ 2.3 billion in “paper terms”.
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