
MicroStrategy's shares experienced a significant surge, with an increase of over 24%, as its bitcoin portfolio exceeded $13 billion. This rise in stock value comes as bitcoin's price surged above $67,000, approaching its all-time high. The company's stock is now trading at a substantial premium to its bitcoin stake. In response to this surge, MicroStrategy announced plans to seek $600 million in financing through convertible notes, which led to a slight dip in its shares after the market closed. CEO Michael Saylor confirmed the private offering, highlighting the company's strategic financial moves amidst the cryptocurrency's market performance.
MICROSTRATEGY SHARES JUMP 23% ON BITCOIN’S SURGE ABOVE $67,000 The company announced plans to seek $600 million in financing through convertible notes, causing its shares to dip after the market close. CEO Michael Saylor confirmed the private offering in a post shortly after… https://t.co/9q1kqXvzF5
MicroStrategy Stock Surges 24% as Bitcoin Nears All-Time High Price Click to read: https://t.co/0hIExgzvqp
MicroStrategy Stock Surges 24% as Bitcoin Nears All-Time High Price ► https://t.co/0hIExgzvqp


