Strategy files prospectus for $21 billion preferred stock offering

According to Foresight News, Strategy (formerly MicroStrategy) has filed a prospectus for the issuance of $21 billion worth of 8.00% Series A perpetual execution preferred stock. The offering is intended to raise funds for general purposes, including possible acquisitions of Bitcoin. Strategy intends to continue its strategy of accumulating Bitcoin, using proceeds from equity, debt financing, and operating cash flow. The document does not mention any new Bitcoin acquisitions, but emphasizes the company's continued commitment to its Bitcoin strategy.