Strategy Invests $2.5 Million in Bitcoin through IPO of Preferred Shares

Crypto investment firm Strategy has announced a significant financial move, raising $2.5 million to fuel its massive Bitcoin acquisition strategy. The company is issuing 2.5 million shares of its 10.00% Series A Perpetual Stride Preferred Stock through an Initial Public Offering (IPO). This funding will directly support purchasing more Bitcoin on the open market.