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MicroStrategy raises another $500 million to enter “The 1% Club”

By Coinrule Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Michael Saylor and MicroStrategy are once again upping the ante. On Wednesday, the “Bitcoin Development Company” stated they are raising another $500 million in convertible notes to fund further Bitcoin acquisitions. This follows a nearly $800 million raise last week with 12,000 Bitcoin, or $822 million, scooped up over last weekend. BlackRock’s Bitcoin ETF IBIT now holds over 220,000 Bitcoin. That is over 1…

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