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The bank of Bitcoin: MicroStrategy’s share price rides high on the back of cryptocurrency investment

Deposits $1bn+ real world greenbacks into digital dosh, may borrow to buy more

MicroStrategy, a company once well known for making enterprise software, has extended its investment in Bitcoin, buying 19,452 units of the cryptocurrency for around $1.026bn in cash at an average price of about $52,765 per coin, including fees and expenses.…

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