MicroStrategy Buys Record $4.6 Billion of Bitcoin

MicroStrategy Buys Record $4.6 Billion of Bitcoin · The Wall Street Journal

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MicroStrategy has bought about $4.6 billion of bitcoin—the first fruits of a huge new fundraising plan, and its largest bitcoin purchase since it first started acquiring the cryptocurrency more than four years ago. MicroStrategy is a software-intelligence company that has turned into a bitcoin-holding company. MicroStrategy stock has skyrocketed more than fivefold this year, outpacing bitcoin, which has more than doubled.