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Non-Tech : GBTC: Bitcoin Investment Trust (Not an ETF) OTC:QX
GBTC 83.34-3.8%Oct 30 4:00 PM EDT
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From: Elroy2/19/2021 8:21:21 PM
1 Recommendation

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SGJ

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MicroStrategy Completes $1.05 Billion Offering of Convertible Senior Notes Due 2027 at 0% Coupon and 50% Conversion Premium with Bitcoin Use of Proceeds

MicroStrategy estimates that the net proceeds from the sale of the notes will be approximately $1.03 billion, after deducting the initial purchasers’ discounts and commissions and estimated offering expenses payable by MicroStrategy.

MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional bitcoin.

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With guys like this around what's the reason Bitcoin shouldn't just go higher and higher and higher and higher and higher and higher and on and on and on?
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