April 16, 2025

Bitcoin Surge Incoming? MicroStrategy Prepares To Buy $700 Million Worth Of BTC

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MicroStrategy, a leading American business intelligence and analytics company, has unveiled plans to buy Bitcoin once again. The AI-powered firm upsized its initial $500 million offerings on convertible notes to $700 million, intending to use the proceeds to acquire an equivalent amount of Bitcoin. This massive Bitcoin purchase could see the price of the cryptocurrency

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Source: Bitcoinist

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