MicroStrategy stock surges 500%, now holds $30B in Bitcoin

Quick Summary:

Is MicroStrategy’s Bitcoin strategy the future of corporate finance?

Additionally, the company plans to raise $1.75 billion through a private offering of zero-interest convertible senior notes.

This milestone comes as Bitcoin trades at unprecedented highs, surpassing $90,000 following the U.S.election.

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Author / Journalist: Ishika Kumari

Category: Crypto

Markets: United States

Topics: News Social BTC Trading View News 1 Trading View Ambcrypto Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 12:00:59 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 509 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23696491

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 25 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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