Strategy raises capital for continued Bitcoin purchases

Strategy has priced an upsized preferred stock offering, selling 8.5 million shares of its 10% Series A Perpetual Strife Preferred Stock at $85 each. The company has raised approximately $711.2 million.

Between March 10-16, Strategy bought an additional 130 Bitcoin for approximately $10.7 million at an average price of $82,981 per Bitcoin.

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