Key Highlights:
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- MicroStrategy acquires 12,000 more bitcoins, significantly increasing its holdings to 205,000 BTC, valued at approximately $14.7 billion.
- The purchase was largely financed through $782 million raised from a convertible debt offering, demonstrating the company's innovative approach to funding its cryptocurrency investments.
- This move reinforces MicroStrategy's confidence in Bitcoin as a viable investment and strategic asset, underscoring the company's bullish outlook on the cryptocurrency market.