14/06/2024

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Cryptocurrency

Bitcoin's journey from 2009 to 2024

At this time, the price of bitcoin is seeing a lot of ups and downs.

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But in the meantime, MicroStrategy CEO Michael Saylor has made a big announcement.

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His company will raise $500 million through a private offering of convertible senior notes.

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This will advance the corporate bitcoin accumulation strategy.

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Let us tell you that MicroStrategy has the most bitcoin, with more than 214,400 BTC on its balance sheet.

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Starting in 2020, its value has grown to $15 billion under the direction of Michael Saylor.

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The average purchase price per bitcoin is currently around $35,000.

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And bitcoin is becoming more popular, trading near $68,000 at the moment.

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With this latest capital investment from MicroStrategy, it has been revealed that bitcoin will remain valuable for a long time.

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