MicroStrategy to borrow US$600 million to buy more bitcoin

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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 ...

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