MicroStrategy to borrow US$600 million to buy more bitcoin

By
Follow google news

Amid new surge.

MicroStrategy to borrow US$600 million to buy more bitcoin
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

Add iTnews as your trusted source

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

Most Read Articles

IAG prepares integration engineering for AI

IAG prepares integration engineering for AI

Australian Unity's 'shift left' on code quality and security is just in time for AI

Australian Unity's 'shift left' on code quality and security is just in time for AI

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

CBA finds its first chief AI officer

CBA finds its first chief AI officer

Log In

  |  Forgot your password?