Next Michael Saylor will be holding a bake sale to fund his bitcoin purchases.
On the same day MicroStrategy, the business intelligence software firm that Saylor runs, announced it had completed the sale of $500 million in bonds to increase its stash of the leading cryptocurrency, the firm said it plans to sell up to $1 billion in stock to buy even more.
MicroStrategy’s bitcoin trove is so big that owning the cryptocurrency is now described in the company’s filings with the U.S. Securities…
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