Coinshares Notes Potential Risks In MicroStrategy’s Bold $42B Bitcoin Acquisition Plan

The post Coinshares Notes Potential Risks In MicroStrategy’s Bold $42B Bitcoin Acquisition Plan appeared first on Coinpedia Fintech News In a research blog on Monday, Coinshares revealed that MicroStrategy’s (MSTR) ambitious plan to buy $42 billion more worth of Bitcoin is not without risks. The company announced a $21 billion at-the-money offering of its own stock last week to raise capital to buy more Bitcoin. This is a part of its larger plan to …

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