MicroStrategy plans a $750 million stock sale to Potentially Buy More Bitcoin!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

MicroStrategy, the business intelligence firm that has already amassed over 90,000 Bitcoin, is planning to raise $750 million through a stock sale in order to potentially buy more Bitcoin. The move highlights the company’s continued bullish outlook on the leading cryptocurrency, which has performed strongly in recent months, breaking barriers and reaching new all-time highs. The stock sale is viewed as another step in the company’s strategy to position itself as a major player in the cryptocurrency market.

Source: https://coinpedia.org/crypto-live-news/microstrategy-plans-a-750-million-stock-sale-to-potentially-buy-more-bitcoin/