Michael Saylor's Strategy Raises $2.5 Billion in Record Stock Offering to Buy More #Bitcoin
Strategy has raised capital through newly listed preferred shares to purchase an additional 21,021 BTC, bringing its total reserves to nearly 629,000 BTC.
MicroStrategy closed a record $2.5 billion offering of preferred shares STRC, using the funds to acquire an additional 21,021 #BTC .
The company raised its total holdings to 628,791 BTC valued at over $74 billion, solidifying its position as a leader in Bitcoin treasuries. Analysts noted that STRC offers indirect exposure to Bitcoin packaged as a traditional investment with monthly dividends of 9%.