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Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin


**Microstrategy Inc. is promoting as much as $1 billion of its frequent inventory, MSTR, intending to make use of among the internet proceeds to purchase bitcoin. The Nasdaq-listed firm additionally just lately accomplished a $500 million secured notes providing and can use the proceeds to accumulate bitcoins.**

**Microstrategy Inc. has** [**filed**](https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-launches-at-the-market-securities-offering-for-flexibility-to-sell-up-to-1b-of-its-class-a-common-stock-over-time_06-14-2021) **a registration assertion with the U.S. Securities and Alternate Fee (SEC) to launch an “‘on the market’ securities providing for flexibility to promote as much as $1 billion of its class A standard inventory over time,” the corporate introduced Monday. The corporate’s class A standard inventory is listed on the Nasdaq International Choose Market beneath the image MSTR.**

[Michael Saylor`s Tweet](https://twitter.com/michael_saylor/standing/1404544556989833218?s=20)



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