MSTR’s share price rose 11% on Wednesday, which followed increases in the previous day this week and Friday last week. This is a 68% rise since 6 March, when it announced its debt sale. The stock climbed 180% in 2024, following a 346% rise in 2023.
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MicroStrategy has now completed its offer of 0.625% convertible notes with a due date of 2030. This gave the company net proceeds reaching about $782m, used to buy its new BTC. The company bought almost 16,000 BTC this year, and its share value has risen even faster than Digital Currency.
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