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Crypto whale collects coins againMicroStrategy Inc. said it raised an additional $584 million from a stock sale, part of its long-term plan to buy $42 billion worth of bitcoin over three years. Its holdings have reached $20.5 billion since the end of the third quarter. Although the company has temporarily halted its weekly Bitcoin purchases, it continues its strategy as a direct bet on Bitcoin.

Crypto whale collects coins again

MicroStrategy Inc. said it raised an additional $584 million from a stock sale, part of its long-term plan to buy $42 billion worth of bitcoin over three years. Its holdings have reached $20.5 billion since the end of the third quarter.
Although the company has temporarily halted its weekly Bitcoin purchases, it continues its strategy as a direct bet on Bitcoin.
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