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Saturday, June 21, 2025

MicroStrategy announced the possible purchase of bitcoin for another $ 1 billion

To acquire the first cryptocurrency, a company can sell its shares. She also announced the successful placement of bonds in the amount of $ 500 million, which will be invested in bitcoin.

MicroStrategy can sell up to $ 1 billion of its own shares for additional investment in bitcoin.

The company published the corresponding application for the Securities and Exchange Commission (SEC) on its website.

On June 14, MicroStrategy announced that it has completed a $ 500 million bond placement, will also be invested in bitcoin.

The first cryptocurrency is trading at $ 40.1 thousand, over the past day it has risen in price by 1.5%.

After the company was announced, its shares rose sharply, At the close of the session on Monday, the price of MicroStrategy securities on the Nasdaq rose 16% to $ 598.

At the moment, MicroStrategy is the largest Bitcoin holder among public companies. According to CEO Michael Saylor, the company owns 92,000 Bitcoin.

In the near future, after the acquisition of cryptocurrency for another $ 500 million, this amount may exceed 100 thousand.

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