Microstrategy Plans a $400 Million Capital Raise to Buy More Bitcoin

Microstrategy Plans a $400 Million Capital Raise to Buy More BitcoinMicrostrategy Inc., said Monday that it is planning to sell $400 million in convertible senior notes to private investors so that it could buy more bitcoin. The Nasdaq-listed business intelligence and mobile software company already holds 40,824 bitcoin (BTC) in reserve, valued at $776 million at current prices of around $19,000 per each bitcoin. On […]

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