Bitcoin Hits One-Week Highs, Nears $30K After MicroStrategy Announces Plans to Sell Stock, Buy More BTC

By CryptoNews - 9 months ago - Reading Time: 1 minutes

Bitcoin Hits One-Week Highs, Nears $30K After MicroStrategy Announces Plans to Sell Stock, Buy More BTC

Bitcoin (BTC) hit one-week highs in the $29,700s on Tuesday after US software company MicroStrategy signaled intent to add significantly to its BTC holdings.
MicroStrategy announced via a filing with the US Securities and Exchange Commission (SEC) that they plan to sell as much as $750 million in stock, some of the proceeds of which will be used to buy more bitcoin....
Read More: Bitcoin Hits One-Week Highs, Nears $30K After MicroStrategy Announces Plans to Sell Stock, Buy More BTC

Original source: CryptoNews