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MicroStrategy to raise $500 million to buy more Bitcoin

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Summary
Nutrition label

54% Informative

MicroStrategy will sell 5 million shares of its preferred stock worth $500 million to buy more Bitcoin .

The company currently holds 499,226 BTC.

The firm, now known as Strategy, has filed with the US Securities and Exchange Commission ( SEC ) to offer more shares.

The perpetual strife preferred stock has a stated amount of $ 100 per share.

VR Score

33

Informative language

23

Neutral language

30

Article tone

formal

Language

English

Language complexity

33

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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