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


Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to...

Localbitcoins Adds Bitcoin Cash and Other Cryptocurrencies as Payment Methods


Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to acquire Bitcoin on its platform. This marks a clear departure from the earlier position of the company, which hadn’t added new payment methods and had remained...

Galaxy Digital To Acquire BitGo In a USD 1.2B Deal


Mike Novogratz. Major financial services and investment management firm Galaxy Digital has agreed to acquire crypto services provider BitGo. "The acquisition will position Galaxy Digital as a leading global full-service platform for institutions seeking access to the crypto economy, offering...

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