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MicroStrategy, a software developer known for its large bitcoin holdings, is considering raising $750 million through a stock sale to fund further purchases of bitcoin. The company’s chairman, Michael Saylor, has been actively involved in buying bitcoin, and this move would add to their strategy. The funds raised from the stock sale would be used for general corporate purposes, including the acquisition of bitcoin. MicroStrategy has previously raised money through the sale of equity and bonds to invest in bitcoin.
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