Saylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin

.Saylor’s Microstrategy could be buying a bunch more Bitcoin soon, as it announces plans for a $750 million stock sale.

“Our objective is to find ways to generate incremental bitcoin for our shareholders and do that with either cash flow from the business or do it through intelligent accretive financings of equity

or debt or other intelligent operations,” said MicroStrategy chairmanThe price of Bitcoin rose nearly 2% immediately following the announcement, climbing from $29,200 to $29,771 at the time of writing.

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