MicroStrategy to Sell $1B worth of Company Stock to Buy Bitcoin
MSTR (NASDAQ) closed 15.89%, or $82.05 up, on its price on 14 June as the news of the new BTC purchase broke. MicroStrategy is looking to sell up to $1 billion worth of its Class A common stock, with the proceeds of the sale used to buy more Bitcoin, according…
bubmagJune 15, 2021