Strategy secures $711M to fuel Bitcoin buying spree amid liquidity challenges
Strategy, formerly known as MicroStrategy, revealed that it secured over $700 million from a recent preferred stock offering designed to purchase more Bitcoin. On March 21, the firm confirmed the s...
Source: CryptoSlate
Strategy, formerly known as MicroStrategy, revealed that it secured over $700 million from a recent preferred stock offering designed to purchase more Bitcoin. On March 21, the firm confirmed the sale of 8.5 million shares of its Series A Perpetual STRF Preferred Stock. Each share was priced at $85 and offered a 10% annual dividend. […]
