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MicroStrategy Is Raising $584 Million to Stack Even More Bitcoin

Software company MicroStrategy will issue new stock—STRK—to raise funds so it can add to its $48 billion Bitcoin treasury stash.

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MicroStrategy Is Raising $584 Million to Stack Even More Bitcoin
Software company MicroStrategy will issue new stock—STRK—to raise funds so it can add to its $48 billion Bitcoin treasury stash.

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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