Yesterday, MicroStrategy announced a new fundraising to purchase more Bitcoin, and other mining companies are starting to follow its example.
Bitcoin mining is an activity that involves high costs and risks, and lately it doesn’t even yield much. It is therefore not surprising that crypto mining companies are abandoning BTC extraction to focus on simply purchasing on the market.
The next Bitcoin purchases by MicroStrategy: mining companies follow
With an official press release, the company announced that it intends to offer the market new senior convertible bonds maturing in 2028 for a total amount of 700 million dollars.
This is a private offer to qualified institutional buyers, to whom MicroStrategy will grant a purchase option, within a period of 13 days from the date of the first issuance of the bonds, for an additional total amount of 105 million dollars.
The senior bonds will not be guaranteed, and will accrue interest payable semi-annually on March 15 and Septembe
We współpracy z: https://en.cryptonomist.ch/2024/09/17/microstrategy-will-purchase-more-bitcoin-and-sets-an-example-for-mining-factories/
