Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said. Cathedra cited unpredictable profit margins as a cause for the shift.

MicroStrategy plans to issue $700M in convertible notes to redeem older debts and increase its Bitcoin holdings.

MicroStrategy, under the leadership of Executive Chairman ... the firm has grown into the largest corporate holder of Bitcoin, amassing 244,800 BTC, valued at around $14.2 billion at current prices. Recently, the company revealed a new Bitcoin purchase ...

MicroStrategy announced the details of its third debt offering of 2024, underlying its commitment to Bitcoin. The technology firm intends to raise $700 million with the issuance of convertible senior notes that will mature in 2028.

MicroStrategy has increased its Bitcoin holdings to 244,800 BTC, with a new purchase of 18,300 Bitcoin worth $1.11 billion, as announced by Michael Saylor.

MicroStrategy’s total bitcoin holdings were acquired at a combined cost basis of $9.45 billion and an average price of $38,585 per BTC.

MicroStrategy, the largest publicly traded corporate holder of Bitcoin, announced on Thursday, September 12, 2024, that it had acquired additional Bitcoin.

MicroStrategy, a business intelligence and cloud-based services firm, announced its plans to sell $700 million in senior convertible notes.