MicroStrategy amasses nearly $800 mln more bitcoin; shares rise
** MicroStrategy's MSTR.O shares up 2.2% at $1,501.84 early Thurs as software firm says it added more bitcoin BTC= to its hoard
** Co discloses it bought approx 11,931 bitcoins for about $786 mln in cash
** As of Jun 20, co says it holds approx 226,331 bitcoins, purchased at aggregate price of about $8.3 bln with avg price of approx $36,798 each
** It also says full over-allotment option was exercised on its recent convertible bond offering, taking gross raise to $800 mln and netting $786 mln
** MSTR shares have more than doubled YTD. Stock closed at $313.40 a yr ago
** Meanwhile, BTC up 0.9% at $65,422 on the session. World's largest cryptocurrency has risen roughly 55% in 2024
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
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