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

ANZ Banking Group has a new tech strategy

ANZ Banking Group has a new tech strategy

CBA to cut 176 technology and engineering roles

CBA to cut 176 technology and engineering roles

CBA to take AI orchestration agent beyond its retail bank

CBA to take AI orchestration agent beyond its retail bank

NAB is modernising data pipelines for its Ada platform

NAB is modernising data pipelines for its Ada platform

Log In

  |  Forgot your password?