by: xpoolPosted on:

Strategy Inc. Raises $979.7 Million via Preferred Stock Offering for Bitcoin Purchases

Strategy Inc. has launched a significant capital raising initiative by issuing over 11.76 million shares of Series A perpetual preferred stock, seeking to raise approximately $979.7 million. This move will be directed towards increasing Bitcoin acquisition and bolstering the company’s overall financial stability. Michael Saylor, Executive Chairman of Strategy Inc., is driving this strategy, emphasizing his belief in Bitcoin as a reliable store of value. 💰 📈

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