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MicroStrategy Plans to Raise $42 Billion for Bitcoin Investment

AmbCryptoOct 30, 2024

American software company MicroStrategy plans to raise $42 billion over the next three years to invest in Bitcoin ($BTC). The investment is dependent on the firm's ability to raise capital in equity and fixed income securities. The announcement comes after the company's stock price hit a 25-year record high, and MicroStrategy is already one of the largest institutional investors in Bitcoin with over 150,000 reserves.

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MicroStrategy Plans to Raise $42 Billion for Bitcoin Investment

AmbCryptoOct 30, 2024

American software company MicroStrategy plans to raise $42 billion over the next three years to invest in Bitcoin (BTC). The investment is dependent on the firm's ability to raise capital in equity and fixed income securities. The announcement comes after the company's stock price hit a 25-year record high, and MicroStrategy is already one of the largest institutional investors in Bitcoin with over 150,000 reserves.

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