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INSTITUTIONAL BUYERS

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet
Institutional Buyers

MicroStrategy Plans to Raise $400M Of Debt to Add More Bitcoins on Its Balance Sheet

MicroStrategy Inc. plans to borrow $400 million through senior secured notes from qualified institutional buyers. The company plans to use the proceeds made from the sales to purchase more Bitcoins.