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TheCoinRepublic

Inside the Rising Cost of Microstrategy's "Never Selling" Bitcoin Strategy

MicroStrategy has again bulked up its bitcoin treasury and raised fresh capital, but the cost of this strategy is climbing sharply. The Bitcoin treasury firm now holds roughly 641,000 bitcoins - around $70.9 billion at recent prices, and emphasizes it will not sell these assets. Instead, MicroStrategy funds new bitcoin purchases by issuing equity and [...]The post Inside the Rising Cost of Microstrategy's "Never Selling" Bitcoin Strategy appeared first on The Coin Republic.

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