๐Ÿšจ Urgent: "Strategy" Michael Saylor reveals a stock offering worth $4.2 billion! ๐Ÿ’ฐ

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๐Ÿ“ข What's new?

โ€“ Strategy (formerly known as MicroStrategy) announced a stock offering worth $4.2 billion.

โ€“ The offering is of the "At-The-Market" (ATM) type for its Series A Perpetual Strike Preferred Stock under the symbol $STRD.

โ€“ The dividend rate on these stocks is 10.00%.

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๐Ÿ’ก Why is this important?

โ€“ The funds may be used to purchase more Bitcoin, thereby enhancing the company's holdings.

โ€“ They can also be allocated for working capital or to pay dividends on STRD and STRF stocks.

โ€“ This move demonstrates the company's continued "Strategy" of financing its Bitcoin-related operations through capital markets.

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๐Ÿ“ˆ Forecast:

โ€“ These funds are expected to contribute to increasing the company's exposure to Bitcoin.

โ€“ They may enhance the appeal of STRD stocks to investors looking for stable returns linked to Bitcoin.

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โ“Do you think the continuation of "Strategy"'s approach to raising funds to buy Bitcoin will enhance investors' confidence in the currency?

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