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coinpedia 2024-03-07 01:59:32

MicroStrategy Raises the Stakes: $700 Million Committed to Bitcoin

The post MicroStrategy Raises the Stakes: $700 Million Committed to Bitcoin appeared first on Coinpedia Fintech News MicroStrategy, a business intelligence firm, recently announced its plan to conduct a private sale of $600 million worth of convertible senior notes. The company intends to use the funds to buy more Bitcoin (BTC) and cover its corporate expenses. However, MicroStrategy has now increased its convertible debt offering by an additional $100 million. The Firm …

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