PANews July 7 news, Strategy (NASDAQ codes: MSTR/STRK/STRF/STRD) announced that it has signed a sales agreement to issue and sell up to $4.2 billion of 10% Series A perpetual Stride preferred stock (STRD) through 'market offerings'. The company plans to use the funds raised for general corporate purposes including purchasing Bitcoin, working capital, and paying dividends to other preferred shareholders.
