MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases - MarketWatch
1. MicroStrategy bought 20,356 bitcoins using $1.9B convertible bond funds. This boosts its crypto exposure. 2. It now holds 499,096 bitcoins bought for ~$33.1B. Value stands at $47.4B today. 3. Bitcoin trades are volatile amid pro-growth hopes. Investors worry about inflation risks. 4. MSTR plans to raise $42B via equity and fixed-income instruments. This secures its crypto-centric strategy. 5. The company reduced its workforce by 20.7%. R&D, consulting and sales suffered significant cuts.