Strategy (MSTR) will issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock for up to $2.1 billion.
Strategy plans to sell the shares over a period of time, based on market conditions.
Net proceeds will be used for general corporate purposes, which may include the acquisition of bitcoin (BTC) and working capital.
Proceeds to support corporate initiatives including bitcoin acquisitions and working capital. Markets, MicroStrategy, Bitcoin, News CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
