Reported 1 day ago
MicroStrategy Inc. has raised significant funds for Bitcoin acquisitions, having sold 3.7 million shares recently and invested $1.5 billion into Bitcoin, aligning with its strategy to raise $21 billion through stock sales. The company, which now holds approximately $38 billion in Bitcoin, is halfway to its overall fundraising target, as it continues to capitalize on a favorable regulatory environment under President-elect Donald Trump. Its shares have surged by over 500% this year, drawing attention to its unique approach in the crypto space.
Source: YAHOO