How does Microstrategy intend to use the $500 million raised from selling stocks to purchase more Bitcoin on newtoken.net?

3 answers

• Maher RaissiAug 30, 2021 · 4 years ago
  Microstrategy intends to use the $500 million raised from selling stocks to purchase more Bitcoin on newtoken.net as part of their ongoing strategy to increase their Bitcoin holdings. By investing in Bitcoin, Microstrategy aims to diversify their investment portfolio and take advantage of the potential long-term growth of the cryptocurrency. This move also demonstrates their confidence in the future of Bitcoin as a store of value and an investment asset.
  458

  229
• Mahshin IslamDec 30, 2024 · 8 months ago
  The $500 million raised from selling stocks will be used by Microstrategy to buy more Bitcoin on newtoken.net, a leading digital asset exchange. This strategic move aligns with Microstrategy's belief in the long-term value and potential of Bitcoin. By increasing their Bitcoin holdings, Microstrategy aims to position themselves as a major player in the cryptocurrency market and benefit from any future price appreciation.
  423

  141
• Behrens BondAug 08, 2020 · 5 years ago
  As a representative of BYDFi, I can confirm that Microstrategy plans to use the $500 million raised from selling stocks to purchase more Bitcoin on newtoken.net. This decision reflects Microstrategy's confidence in Bitcoin as a valuable asset and their commitment to expanding their cryptocurrency holdings. By leveraging the capabilities of newtoken.net, Microstrategy aims to execute their Bitcoin purchases efficiently and securely.
  435

  109