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MicroStrategy Enters Top 100 U.S. Public Companies with Massive Bitcoin Holdings

The company's aggressive Bitcoin acquisition strategy has propelled its market cap to $96 billion, making it a major player in the cryptocurrency market.

  • MicroStrategy now holds 331,200 Bitcoins, valued at over $30 billion, making it the largest corporate holder of the cryptocurrency.
  • The company's stock has surged over 500% this year, significantly outpacing Bitcoin's 115% increase.
  • MicroStrategy recently purchased 51,780 Bitcoins for $4.6 billion, marking its largest acquisition to date.
  • A $1.75 billion convertible note offering is planned to fund further Bitcoin purchases, with potential expansion to $2 billion.
  • Institutional investors, including Vanguard and Morgan Stanley, have shown strong interest in MicroStrategy, viewing it as a leveraged Bitcoin investment.
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