MicroStrategy Announces $700 Million Bitcoin Purchase Amid Market Downturn

MicroStrategy, a prominent American business intelligence firm, has announced a major new investment in Bitcoin. The company has upsized its initial $500 million offerings on convertible notes to $700 million. This significant purchase is expected to influence the market, potentially driving up Bitcoin prices amidst current volatility. MicroStrategy plans a substantial $700 million Bitcoin acquisition,

Source: CoinOtag