Monique Mulima
In This Article:
(Bloomberg) — MicroStrategy Inc. (MSTR) bought another $5.4 billion in Bitcoin, marking its third acquisition this month as the company rapidly increases its holdings.
USD
(MSTR)
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The enterprise software company purchased the Bitcoin in part with proceeds from a $3 billion convertible senior note offering. The Tysons Corner, Virginia-based firm has been focused on becoming a Bitcoin treasury company and has become the largest institutional holder of the cryptocurrency.
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