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MicroStrategy Raises $206M for Bitcoin Amid SEC Fraud Allegations on STRC

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The Story

News Summary

  • MicroStrategy raised $206M via preferred stock (STRC) to purchase Bitcoin amid SEC fraud concerns from economist Peter Schiff over marketing to retirees.
  • BTCUSD gained 0.70% as the capital raise resumed Bitcoin accumulation.
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BTCUSD price history

78370.06 +18.96% over the displayed period

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