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BTC Price: MicroStrategy To Buy More Bitcoin As $100K Nears, 150K Next? The Coin Republic 24 Nov 2024

BTC Price: MicroStrategy To Buy More Bitcoin As $100K Nears, 150K Next? 📈

MicroStrategy is considering additional Bitcoin purchases as the cryptocurrency's price continues to surge towards the $100K mark. To facilitate this, the company has announced the completion of a $3 billion offering of convertible senior notes specifically aimed at acquiring more Bitcoin.

This move follows MicroStrategy's ongoing strategy of investing significant resources into Bitcoin, demonstrating their strong belief in the cryptocurrency's future value and potential profitability. The firm's consistent investments signal its long-term confidence in Bitcoin's potential to reach even higher price thresholds.

Source: www.thecoinrepublic.com ↗