Strategy Announces $4.2 Billion STRD Stock Offering To Buy More Bitcoin

Strategy Announces $4.2 Billion STRD Stock Offering To Buy More Bitcoin

Bitcoin Magazine

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Bitcoin MagazineStrategy Announces $4.2 Billion STRD Stock Offering To Buy More Bitcoin

Strategy has announced plans to raise up to $4.2 billion through sales of its 10.00% Series A Perpetual Stride Preferred Stock (STRD) to fund additional Bitcoin purchases, marking another major capital raise as institutional Bitcoin adoption accelerates. According to a company filing on July 7, the at-the-market (ATM) program will allow Strategy to sell STRD […]

This post Strategy Announces $4.2 Billion STRD Stock Offering To Buy More Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.

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