Strategy Inc. Secures $715 Million for Bitcoin Holdings Expansion

Strategy Inc., a software company led by billionaire Michael Saylor, has raised €620 million ($715 million) through its new 10% STRE preferred stock offering. This substantial financing will fuel the company’s growth and increase investments in Bitcoin (BTC). The company will use approximately €608.8 million ($702.2 million) from this capital after fees, expenses are accounted for. The funds will be used for daily operations, expansion, and to purchase more Bitcoin.