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MicroStrategy Recordsdata to Promote As much as $500M of Inventory to Fund Bitcoin Purchases

by Crypto Heard
September 9, 2022
in Crypto Updates
Reading Time: 1 min read
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MicroStrategy’s inventory has, in consequence, turn into tethered to the worth of bitcoin – leading to a $1.2 billion loss on the bitcoin guess given this 12 months’s plunge. However the shares surged 12% Friday as bitcoin jumped nearly 10%. The inventory fell about 1.5%, although, in after-hours buying and selling following the announcement of the inventory providing, which can dilute the worth of current shares.



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