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3232Block Is Buying Bitcoin Every Month for Its Balance Sheet
https://www.digit.info/block-is-buying-bitcoin-every-month-for-its-balance-sheet/
Sat, 04 May 2024 21:35:50 +0000https://www.digit.info/2024/05/04/block-is-buying-bitcoin-every-month-for-its-balance-sheet/Read more]]>Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around […]
]]>Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC
https://www.digit.info/microstrategy-selling-400m-bonds-to-buy-bitcoin-holding-to-exceed-100000-btc/
Mon, 07 Jun 2021 15:00:32 +0000https://www.digit.info/2021/06/07/microstrategy-selling-400m-bonds-to-buy-bitcoin-holding-to-exceed-100000-btc/Read more]]>Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins. Microstrategy Acquiring More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) announced Monday it intends to offer $400 million of “senior secured notes due 2028” in a […]
Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around […]
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Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins. Microstrategy Acquiring More Bitcoin Microstrategy Inc. (Nasdaq: MSTR) announced Monday it intends to offer $400 million of “senior secured notes due 2028” in a […]