Bitcoin’s Biggest Backer Raises $500 Million To Buy More—Topping Expectations As Crypto Surges

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Less than a week after announcing the offering, business analytics firm MicroStrategy, which owns more bitcoin than any other corporation in the world, has raised $500 million in bonds to acquire more of the world’s largest cryptocurrency—signaling institutional investors are still optimistic about the token’s future as it pares back losses from a crash last month.


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