A $2.1 billion sale of Perpetual Strife Preferred Stock is planned by Strategy.

Strategy Unveils $2.1 Billion Preferred Stock Offering to Fund Bitcoin Buys and Operations

Strategy (MSTR) has revealed plans to issue up to $2.1 billion in 10.00% Series A Perpetual Strife Preferred Stock.

The stock sale will be executed over time, depending on prevailing market conditions.

Proceeds from the offering are earmarked for general corporate needs, including purchasing additional bitcoin (BTC) and supporting working capital requirements.

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