MicroStrategy buys $1.1B BTC before vote

MicroStrategy buys $1.1B BTC before vote

MicroStrategy purchased an additional $1.1 billion in Bitcoin on Monday, expanding its total crypto reserve to nearly $48 billion. The publicly-traded firm's latest purchase precedes an upcoming shareholder vote to issue additional equity for further BTC buys, with the ultimate goal to raise $42 billion through 2027.