MicroStrategy Unveils $2B Stock Offering as Bitcoin Holdings Surge

MicroStrategy Unveils $2B Stock Offering as Bitcoin Holdings Surge

The Virginia-based business analytics company MicroStrategy has indicated an aggressive expansion of its Bitcoin acquisition strategy by announcing plans to raise $2 billion through a preferred stock offering. This program is a component of the company's ambitious "21/21 Plan," which calls for the use of a variety of financial instruments to raise $42 billion over three years. The permanent preferred stock will rank senior to the company's Cl...

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