MicroStrategy Plans Stock Sale with Potential Bitcoin Purchase
MicroStrategy intends to raise up to $750 million through a stock sale, stating it might use the proceeds to purchase additional BTC. Saylor’s company bought 467 BTC in July at an average price of $30,835, without any previous sales of Bitcoin. The company currently holds 152,800 BTC, valued at $4.53 billion.
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MicroStrategy intends to raise up to $750 million through a stock sale, stating it might use the proceeds to purchase additional BTC.Saylor's company bought 467 BTC in July at an average price of $30,835, without any previous sales of Bitcoin.The company currently holds 152,800 BTC, valued at $4.53 billion.
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