MicroStrategy sold $500 million of junk bonds to fund purchases of bitcoins. This approach provides a back door into cryptocurrencies for investors that can't buy bitcoins directly.
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{
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"uri": "/2022/01/20/ceo-says-microstrategy-will-never-sell-bitcoin-stash/",
"title": "CEO Says MicroStrategy Will Never Sell Bitcoin Stash",
"byline": "Crystal Kim & Emily Chang",
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"summary": "A recent 40% slide in the cryptocurrency's value means \"this is a great entry point for institutional investors,\" according to Saylor.",
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{
"uri": "/2021/06/10/junk-bonds-offer-in-demand-pathway-to-crypto/",
"title": "Junk Bonds Offer In-Demand Pathway to Crypto",
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"summary": "MicroStrategy sold $500 million of junk bonds to fund purchases of bitcoins. This approach provides a back door into cryptocurrencies for investors that can't buy bitcoins directly.",
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