PANews reported on March 10 that Strategy (formerly MicroStrategy) has filed a prospectus to issue 8.00% Series A perpetual execution preferred shares worth up to $21 billion. The offering is intended to raise funds for general purposes, including possible acquisitions of Bitcoin. MicroStrategy intends to continue its strategy of accumulating Bitcoin, using proceeds from equity, debt financing, and operating cash flow. The document does not mention any new Bitcoin acquisitions, but emphasizes the company's continued commitment to its Bitcoin strategy.
Strategy files prospectus for offering up to $21 billion in preferred stock
Share to:
Author: PA一线
This content is for market information only and is not investment advice.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
PANews App
24/7 blockchain news tracking and in-depth analysis.

