📰 News Alert:
🔖 Title: Strategy aims for $21 billion in new perpetual STRK offering to boost Bitcoin holdings
🗓️ Published: Mon, 10 Mar 2025 16:40:05 +0000
📄 Summary: Strategy (formerly MicroStrategy) plans to raise $21 billion through its Series A preferred stock to acquire more Bitcoin, indicating a significant investment in the cryptocurrency market. The company aims to issue shares of its 8.00% Series A perpetual strike preferred stock at the market, with future implications pointing towards a potential increase in Bitcoin holdings.
🗞️ Source: CryptoSlate
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