Saylor039s

Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds

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Strategy (MSTR), the largest corporate owner of bitcoin (BTC), said on Tuesday it has acquired roughly $2.4 billion worth of BTC using the funds from its new preferred stock (STRC) issuance. The firm sold nearly $2.5 billion worth of STRC, also dubbed “stretch,” to investors, significantly more than the originally planned $500 million. STRC, which … Read more

Michael Saylor's Strategy Boosts Latest Preferred Share Raise to $2B From $500M: Bloomberg

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Strategy (MSTR), the world's largest corporate bitcoin (BTC) holder helmed by Michael Saylor, has lifted the size its preferred stock offering STRC to $2 billion, Bloomberg reported on Thursday. That's a significant raise from the original plan of issuing 5 million shares for $100 $100 each for a total of $500 million announced on Monday. … Read more