MicroStrategy Raises $1.05 Billion to Boost Bitcoin Offering

MicroStrategy Raises $1.05 Billion to Boost Bitcoin Offering

Bitcoin swimming in piles of cashMicroStrategy Inc. boosted its convertible debt sale to purchase Bitcoin by nearly half and cut the coupon to 0%, making it virtually a straight bet on the price of Bitcoin. Microstrategy’s Keen Investment in Bitcoin The company already has nearly 72,000 bitcoins as of February 2. Based on the price of virtual currency on Tuesday,

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