https://www.theblockcrypto.com/linked/87378/massmutual-bitcoin-insurance-purchase
Month: December 2020
December 8, 2020 MSTR files $400 million debt offering to buy more Bitcoin; December 4, 2020 8-K filing by MicroStrategy reporting new $50 million purchase of Bitcoin
December 8, 2020 6:00 PM MicroStrategy goes after more Bitcoin with a new filing to raise $400 million in debt to fund the purchase of additional Bitcoin. This is in addition to the $50 million from Friday’s 8-K filing.
MicroStrategy Announces Proposed Private Offering of $400 Million of Convertible Senior Notes
December 8, 2020 Listen to Michael Saylor explain why he is adding Bitcoin to his company’s balance sheet
https://www.youtube.com/watch?v=Jb48Q5e4WVgItem 8.01.
Other Events.
On December 4, 2020, MicroStrategy Incorporated (the “Company”) announced that it had purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. As of December 4, 2020, the Company holds approximately 40,824 bitcoins that were acquired at an aggregate purchase price of $475.0 million, inclusive of fees and expenses.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1050446/000119312520310787/d22733d8k.htm
