Strategy Inc. dramatically increased its latest preferred stock sale targeting bitcoin purchases to $2 billion from an initially planned $500 million, Bloomberg reported Thursday, citing a person familiar with the matter. The bitcoin-focused treasury firm, led by Michael Saylor, priced its Series A Perpetual Stretch preferred shares (STRC) in New York amid strong investor demand […]
Source: https://news.bitcoin.com/strategy-boosts-bitcoin-fundraise-to-2b-via-preferred-stock-report/