[Taklimakan Blog]MicroStrategy Raises Investments in Bitcoin
Jun 13, 2021
The company has already acquired 92,079 BTC. The coins are held on the balance sheet of a newly formed organization called MicroStrategy LLC.
The announcement also announced the formation of another company called Micro Strategy Services Corporation. The company is going to issue secured bonds for $400 million with the preemptive right to redemption until 2028. With the money received, she will buy bitcoin.
However, the company stressed that they will wait for suitable market conditions, and does not know when they will come, and whether they will come at all.
