MicroStrategy raises another $500 million to enter “The 1% Club”

MicroStrategy raises another $500 million to enter “The 1% Club”

City A.M.

Published

Michael Saylor and MicroStrategy are once again upping the ante. On Wednesday, the “Bitcoin Development Company” stated they are raising another $500 million in convertible notes to fund further Bitcoin acquisitions. This follows a nearly $800 million raise last week with 12,000 Bitcoin, or $822 million, scooped up over last weekend. 

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