MicroStrategy to raise funds for Bitcoin with new perpetual preferred STRK stock offering

MicroStrategy has announced plans to raise additional funds to expand its Bitcoin holdings through a public offering of Strike Preferred Stock (STRK), according to a Jan. 27 statement. The company ...

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MicroStrategy to raise funds for Bitcoin with new perpetual preferred STRK stock offering

Source: CryptoSlate

MicroStrategy has announced plans to raise additional funds to expand its Bitcoin holdings through a public offering of Strike Preferred Stock (STRK), according to a Jan. 27 statement. The company aims to issue 2.5 million shares of its Series A Perpetual Strike Preferred Stock, subject to regulatory approval and prevailing market conditions. The offering’s proceeds […]