MicroStrategy plans to invest another $ 400 million in bitcoin

Analytical software provider MicroStrategy Inc.announced a $ 400 million offering of convertible senior bonds maturing in 2028. Accredited investors will become buyers of securities. The bonds will receive the status of senior obligations.

The company will use the funds raised from the placement to buy bitcoin.

MicroStrategy Announces Proposed Private Offering of $ 400 Million of Senior Secured Notes to acquire additional #bitcoin. $ MSTRhttps: //t.co/ilhUt1M73j

- Michael Saylor (@michael_saylor) June 7, 2021

According to Bitcoin Treasuries, MicroStrategy already owns 92,079 BTC worth over $3.37 billion.

In August 2020, MicroStrategy invested $250 million in Bitcoin. The firm's board of directors later approved a policy of increasing investment in the first cryptocurrency using cash reserves.

In December, the company issued $650 million in convertible bonds to purchase additional digital gold.

In February 2021, the software provider additionally issued more than $1 billion in debt and reinvested the funds raised in cryptocurrency.

In March, MicroStrategy purchased 328 BTC, about 205 BTC, and 262 BTC. The firm invested $15 million each in digital gold in April and May. The company later purchased 229 BTC for $10 million.

MicroStrategy CFO Phong Le called investing in Bitcoin the responsibility of tech companies.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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