Strategy aims for $21 billion in new perpetual STRK offering to boost Bitcoin holdings

Strategy (formerly known as MicroStrategy) has unveiled plans to raise $21 billion through its Series A preferred stock (STRK) to acquire more Bitcoin. According to a March 10 statement, the compan...

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Strategy aims for $21 billion in new perpetual STRK offering to boost Bitcoin holdings

Source: CryptoSlate

Strategy (formerly known as MicroStrategy) has unveiled plans to raise $21 billion through its Series A preferred stock (STRK) to acquire more Bitcoin. According to a March 10 statement, the company had entered a sales agreement to issue and sell shares of its 8.00% Series A perpetual strike preferred stock at the market (ATM). The shares will […]