Now this is how you arrive to the biggest Bitcoin conference in Europe in style!😎

$650M worth of Bitcoin scooped off the market on day 1 of #BTCPrague 🇨🇿

https://www.microstrategy.com/press/microstrategy-to-redeem-650m-of-2025-convertible-notes-and-settle-all-conversion-requests-in-shares_06-13-2024

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Bitcoin scooped off the market?

This looks like they are clearing $650m in debt by offering shares at $397 a piece ($1k discount off the market price).

Unless they plan to issue more convertible notes, I don't see how any Bitcoin are being scooped up.