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MicroStrategy is raising $1.75 billion through 0% convertible notes to expand its Bitcoin holdings.
MicroStrategy purchased 51,780 more Bitcoin for $4.6 billion, raising its total to 331,200 Bitcoin, funded by a recent $4.6 billion share sale.
Hoth Therapeutics and Acurx Pharmaceuticals will each allocate $1M to Bitcoin, citing its inflation resistance and growing corporate adoption.
Bitcoin • Business • Nov 20, 2024