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Tag: Bitcoin acquisition

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MicroStrategy launches $600 million notes offering to fuel Bitcoin acquisition as stock surges

MicroStrategy is looking to raise $600 million to buy more Bitcoin for its $13 billion stack after its stock surged 23% on March 4. MicroStrategy announced plans to offer $600 million in convertible senior notes due 2030 to fund further acquisitions of Bitcoin after its stock price surged 20% in the early hours of trading on…
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