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MicroStrategy Raises $2 Billion for Bitcoin Purchases
MicroStrategy (now Strategy Inc.) has announced a $2 billion convertible bond offering, with plans to use $1.9 billion of the proceeds to buy more Bitcoin. This move aligns with the company's strategy to expand its BTC holdings, which now total 478,740 BTC. Despite market fluctuations, Strategy's stock has surged 352% in the past year.
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