Express

MicroStrategy Raised $46.6 Via Share Sales Since September

Tris Bell

Summary: Business intelligence company MicroStrategy said it raised $46.6 million via share sales since the company made an agreement with underwriter Cowen and Company in September to sell up to $500 million worth of shares. Though the company has traditionally used its profits towards increasing its bitcoin holdings, the company says it plans to use the ...

Business intelligence company MicroStrategy said it raised $46.6 million via share sales since the company made an agreement with underwriter Cowen and Company in September to sell up to $500 million worth of shares.

Though the company has traditionally used its profits towards increasing its bitcoin holdings, the company says it plans to use the proceeds towards the repayment of debt.

Author: Tris Bell

Last Update:

Tags: ,,,,,
Link: MicroStrategy Raised $46.6 Via Share Sales Since September   [Copy]
Next:

Related Articles

  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 7 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 24 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 28 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025

    • You need to login to comment.