$BTC
🔥 Strategy Plans $21B Bitcoin Raise as Crypto Funds Face Heavy Outflows
Strategy (formerly MicroStrategy) is seeking to raise up to $21 billion through STRK perpetual stock offerings to buy more Bitcoin. The company already holds 499,096 BTC, worth around $40 billion. Meanwhile, global crypto funds saw another $876 million in outflows last week, marking a total of $4.75 billion over four weeks, signaling "capitulation" among investors.