MicroStrategy Inc. has bought millions of dollars worth of Bitcoin for the second time in just over a week, bringing the company's holdings to more than 1% of all cryptocurrencies ever issued.
The business software maker, whose corporate strategy includes purchasing the digital currency, purchased 9,245 Bitcoin for $623 million between March 11 and March 18, according to a Securities and Exchange Commission filing on Tuesday. The purchase, along with the $821.7 million Bitcoin acquisition announced last week, was largely funded through the sale of convertible notes.
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