Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
MicroStrategy is looking to sell its Class A shares to raise $2 billion to buy more Bitcoin

MicroStrategy is looking to sell its Class A shares to raise $2 billion to buy more Bitcoin

CointimeCointime2024/08/04 08:57
By:Cointime

MicroStrategy is seeking to sell its Class A shares to raise up to $2 billion to purchase more Bitcoin and for general corporate purposes.
In regulatory filings filed with the U.S. SEC, MicroStrategy did not disclose a timetable for stock sales or how much proceeds would be used to purchase Bitcoin.
Earlier in June this year, MicroStrategy announced the issuance of $500 million unsecured senior convertible notes to purchase more Bitcoin, and one day later raised the issue price to $700 million.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DEBIT (Episode 2): Trade to share 45,000 USDT

Bitget Announcement2026/09/11 12:00

CandyBomb x CNPY: Trade to share 75,000 USDC

Bitget Announcement2026/09/08 13:00

New spot margin trading pair — CP/USDT, SOPH/USDT!

Bitget Announcement2026/09/08 11:00