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MicroStrategy Plans $1.75 Billion Notes Offering to Buy Additional Bitcoin
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The 'big player' in encryption, microstrategy (MSTR.US), made a bold move by spending 4.6 billion US dollars in a single week to buy coins, holding bitcoin worth over 30 billion US dollars.
MicroStrategy (MSTR.US) recently purchased a record-breaking $4.6 billion worth of bitcoin, fulfilling the plan announced last month to accelerate the purchase of cryptos using the capital markets.
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Harvest Love : Because they can hold bitcoin, while we cannot.
HMS Victorious : Because Microstrategy can borrow at less than 1% interest through the issuance of convertible bonds and long term buy hundreds of billions of dollars of BTC whilst increasing the BTC per share of all their shareholders. At the same time increasing the value of BTC. You will get richer faster in laymen’s terms.