Strategy Incorporated, formerly operating as Microstrategy, has filed for a $4.2 billion offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) while reporting record second-quarter net income of $10 billion, driven by unrealized gains on its massive bitcoin holdings. Strategy Announces $4.2B STRC Offering and Record $10B Q2 Net Income Strategy filed […]
Source: https://news.bitcoin.com/record-quarter-strategy-earns-10b-files-4-2b-offering-to-buy-more-bitcoin/