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Michael Saylor to Buy $500M MORE Bitcoin | EP 618

Simply Bitcoin

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MicroStrategy Could Sell $500 Million of New Stock to Buy More Bitcoin

MicroStrategy has entered into agreement with agents Cohen and Company BTIG to sell up to $500 million in stock. The firm plans to use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin. Adam Bakchimed in and wrote a thread about microStrategy potentially selling $500 million worth of stock to buy more Bitcoin.

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