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Breaking: MicroStrategy Announces $500M Notes Sale To Buy More Bitcoin

source-logo  coingape.com 13 June 2024 14:50, UTC

MicroStrategy, led by Michael Saylor, is once again increasing its bets on the crypto sector with the aim to add more Bitcoin to its portfolio. In a recent announcement, the firm has unveiled its plans to issue $500 million in convertible senior notes. Notably, MicroStrategy said that it intends to use the proceeds to buy more Bitcoin and for other business purposes.

coingape.com