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MicroStrategy Buys Bitcoin After Adding Preferred Offering

(Bloomberg) -- MicroStrategy Inc. bought $101 million of Bitcoin after announcing that it would use perpetual preferred stock as well as common shares and debt to acquire more of the cryptocurrency. Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeIs This Weird Dome the Future of Watching Sports?Don’t Shrink the BusNYC Congestion Pricing to Take Effect After Years of DelaysCan American Drivers Learn to Love Roundabouts?The Tysons Corner, Virgina-based ent