{"id":425944,"date":"2023-08-02T14:44:48","date_gmt":"2023-08-02T14:44:48","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=425944"},"modified":"2023-08-02T14:44:48","modified_gmt":"2023-08-02T14:44:48","slug":"microstrategy-plans-750m-share-offering-and-says-it-will-add-more-bitcoin-to-4-5b-holding","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/microstrategy-plans-750m-share-offering-and-says-it-will-add-more-bitcoin-to-4-5b-holding","title":{"rendered":"MicroStrategy Plans $750M Share Offering And Says It Will Add More Bitcoin to $4.5B Holding"},"content":{"rendered":"

Software development company MicroStrategy plans a share offering to raise $750 million and said it will use some of the funds to buy more Bitcoin.<\/p>\n

One of the biggest corporate Bitcoin holders, MicroStrategy, announced the plan to sell shares<\/a> in a document submitted to the Securities and Exchange Commission on August 1. The funds will also be used for general business goals and working capital, it said.<\/p>\n

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TRENDING: MicroStrategy plans to sell up to $750 million of stock to possibly fund more #Bitcoin<\/a> purchases.<\/p>\n

— LunarCrush (@LunarCrush) August 2, 2023<\/a><\/p><\/blockquote>\n