Strategy Plans to Raise Up to $4.2 Billion Through New Preferred Stock Issuance
According to a report by Jinse Finance, documents filed with the U.S. Securities and Exchange Commission (SEC) on Thursday show that Strategy (stock code: MSTR), the publicly listed company holding the most Bitcoin globally, plans to raise up to $4.2 billion by issuing a new series of preferred shares. This fundraising initiative comes just days after the company completed a nearly $2.5 billion STRC (Stretch) preferred share issuance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $3,341, the cumulative long liquidation intensity on major CEXs will reach $1.155 billions
Spain Arrests Leader of €260 Million Cryptocurrency Ponzi Scheme
Trending news
MoreData: If ETH falls below $3,341, the cumulative long liquidation intensity on major CEXs will reach $1.155 billions
Data: In the past 24 hours, total liquidations across the network reached $235 million, with long positions liquidated for $95.18 million and short positions liquidated for $140 million.
Crypto prices
More
