Latest News

Tasmania puts $150m towards digital health upgrades

Matt Tett to lead essential primer session on security by design

Operationalising net zero to be centre stage at IoT Impact conference

"We're seeing some good policy put in place, but that's the exception"

NAB Now Pay Later highlights in-house capabilities

MicroStrategy to borrow US$600 million to buy more bitcoin

By Staff Writer on Feb 17, 2021 6:47AM

MicroStrategy to borrow US$600 million to buy more bitcoin

Amid new surge.

Major bitcoin corporate backer MicroStrategy will borrow US$600 million to buy more coins as the cryptocurrency surged past US$50,000 in a rally fueled by wider acceptance among investors. The company, whose chief executive Michael Saylor is one of the most vocal proponents of bitcoin, spent ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

bitcoin finance microstrategy

Partner Content

"We're seeing some good policy put in place, but that's the exception"

Partner Content "We're seeing some good policy put in place, but that's the exception"

Don't miss Australia’s premiere IoT Conference on 9th June

Promoted Content Don't miss Australia’s premiere IoT Conference on 9th June

Alienated from your own data? You’re not alone

Promoted Content Alienated from your own data? You’re not alone

Operationalising net zero to be centre stage at IoT Impact conference

Partner Content Operationalising net zero to be centre stage at IoT Impact conference

Sponsored Whitepapers

Planning before the breach: You can’t protect what you can’t see

Planning before the breach: You can’t protect what you can’t see

Beyond FTP: Securing and Managing File Transfers

Beyond FTP: Securing and Managing File Transfers

NextGen Security Operations: A Roadmap for the Future

NextGen Security Operations: A Roadmap for the Future

Video: Watch Juniper talk about its Aston Martin partnership

Video: Watch Juniper talk about its Aston Martin partnership

Don’t pay the ransom: A three-step guide to ransomware protection

Don’t pay the ransom: A three-step guide to ransomware protection

Events

Most Read Articles

NBN Co sizes up six-figure customer exodus a year to fixed wireless

NBN Co sizes up six-figure customer exodus a year to fixed wireless

NBN Co to cut 160 applications under $200m IT simplification

NBN Co to cut 160 applications under $200m IT simplification

NBN Co's 250Mbps and gigabit growth is finally clear

NBN Co's 250Mbps and gigabit growth is finally clear

What to expect from the incoming Labor government

What to expect from the incoming Labor government

Digital Nation

COVER STORY: A Year in the Metaverse

COVER STORY: A Year in the Metaverse

CTO Juergen Mueller offers a glimpse into SAP's metaverse play

CTO Juergen Mueller offers a glimpse into SAP's metaverse play

Lendlease launches its own metaverse in Milan

Lendlease launches its own metaverse in Milan

Why do DeFi and DAOs matter to business?

Why do DeFi and DAOs matter to business?

COVER STORY: Data and IoT set digital agriculture on a sustainable future

COVER STORY: Data and IoT set digital agriculture on a sustainable future

Most popular tech stories