Bitcoin Falls, But MicroStrategy Buys; World Bank Says Recovery Will Be Uneven
- Date: 09-Jun-2021
- Source: Newsweek
- Sector:Economy
- Country:Middle East
Bitcoin Falls, But MicroStrategy Buys; World Bank Says Recovery Will Be Uneven
CryptoCorner
Bitcoin has plunged as much as 50% from its record high, but MicroStrategy plans to increase its holdings in the cryptocurrency.
The Tysons Corner, Virginia-based analytics and business-intelligence company plans to offer $500 million in debt to acquire additional Bitcoin.