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Has MicroStrategy bought another $ 400 million in Bitcoin?

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Today was published a tweet on Twitter on behalf of the CEO of MicroStrategy announcing a new purchase of bitcoin for $ 400 million.

Actually, it is not the official profile of Michael Saylor, but the usual fake profile of @Crypto_Bitlord pretending to be someone else, as happened for example a few days ago with Peter Schiff.

In fact, Michael Saylor's official Twitter profile is @michael_saylor, and he also has the blue mark next to the verified profile name.

On the other hand, next to the name "Michael Saylor" of the profile of @Crypto_Bitlord, the blue mark is not there.

Also, the short bio of @Crypto_Bitlord says that he has been “all over” on Bitcoin since 2012, while MicroStrategy does not fully agree with Bitcoin, and only started buying BTC in 2020. Also, @Crypto_Bitlord is a trading profile that promotes a trading platform.

Instead, @michael_saylor's short bio says that he is the founder, president, and CEO of MicroStrategy, and sees Bitcoin as a hope.

Therefore, the news that MicroStrategy would buy more bitcoins today by investing another $ 400 million is false.

The truth informed her some days ago Michael Saylor, who revealed that in recent days MicroStrategy has bought around 2,574 BTC, investing other $ 50 million and buying them at an average price of about $ 19,427.

MicroStrategy, the $ 400 million is not related to Bitcoin

However, it should be noted that yesterday Saylor also shared the news from that MicroStrategy has announced its own private offering for $ 400 million in convertible bonds.

In fact, the company intends to offer senior convertible bonds maturing in 2025, targeting in particular qualified institutional buyers under Rule 144A under the Securities Act.

The company will also grant them a purchase option, valid for a period of 13 days from the date the bonds are issued, for an additional total face amount of up to $ 60 million.

These bonuses have nothing to do directly with the company's bitcoin purchases, but its launch these days may have been chosen precisely to take advantage of the notoriety gained by the news about its BTC purchases.





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