MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing

James G. Cole

MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals United States Securities and Exchange Commission (SEC) filing. MicroStrategy, co-founded by Bitcoin bull Michael Saylor, amassed approximately 129,699 BTC […]