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learningaboutcrypto.com

March 21, 2025

Strategy upsizes stock offering to $711m, plans more Bitcoin buys

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Strategy, formerly known as MicroStrategy, has raised $711.2 million through an upsized preferred stock offering, with most of the funds earmarked for additional Bitcoin purchases. The company priced its 10.00% Series A Perpetual Strife Preferred Stock at $85 per share,…

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