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Cryptopolitan 2024-03-16 10:42:00

Bitcoin’s bullish backer MicroStrategy surpasses Amazon in trading volume

MicroStrategy, a firm renowned for its significant Bitcoin holdings, has surpassed Amazon in trading volume. According to Eric Balchunas, Senior ETF Analyst at Bloomberg, MicroStrategy’s trading volume hit an unprecedented $8 billion, eclipsing that of the e-commerce behemoth. This surge follows closely on the heels of MicroStrategy’s announcement regarding a $525 million convertible debt offering.

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