Bitcoin breaches $50,000 after MicroStrategy drops $600 million announcement

in DLIKE2 years ago

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Expect Michael Saylor and MicroStrategy to buy all your Bitcoin when you aren't watching.

Today, the enterprise software maker announced yet another $600 million convertible note issuance for investors and institutions to buy Bitcoin. The move comes a month after MicroStrategy raised $650 million in a separate convertible note offering to purchase BTC.

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