Bitcoin Stays Above $50,000 As MicroStrategy Seeks $600 Million To Raise Stakes

Bitcoin Vs Dollar: MicroStrategy will borrow $600 million to buy more of cryptocurrency bitcoin, as the cryptocurrency smashed the $50,000 mark on Tuesday, February 16, continuing its dizzying rally backed by wider acceptance among mainstream investors. The major bitcoin corporate backer made its first investment in August last year, buying almost 25,000 bitcoin for $250 million. Shares of MicroStrategy gained more than four per cent...