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MicroStrategy Accelerates Bitcoin Buying With Record Purchase

(Bloomberg) -- MicroStrategy Inc. bought a record $5.4 billion in Bitcoin, the third major purchase announced this month by the crypto hedge fund proxy. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasUsing the proceeds from a $3 billion convertible note issue and common share sales, the Tysons Corner, Virginia-based firm acquired 55,500 tokens from