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MicroStrategy Completes $1 Billion Convertible Note Offering to Buy More Bitcoin
Strategy (formerly MicroStrategy) has completed a $1 billion convertible note offering, with proceeds earmarked for additional Bitcoin acquisitions . The company, which currently holds 840,447 BTC, has maintained its aggressive accumulation strategy despite the recent price volatility . The offering was significantly oversubscribed, reflecting continued investor appetite for Bitcoin exposure through the corporate treasury route . This brings Strategy's total Bitcoin holdings to over $52 billion at current prices .