Microstrategy Expands Bitcoin Holdings with New Stock Issuance
- Microstrategy plans to issue 2,500,000 shares of Series A Perpetual Preferred Stock.
- The company recently purchased $1.1 billion worth of bitcoin.
- This move is part of Microstrategy’s aggressive digital asset investment strategy.
- Microstrategy Inc. is listed on Nasdaq under the ticker MSTR.
Microstrategy Inc. has announced its intention to issue 2,500,000 shares of Series A Perpetual Preferred Stock to support further bitcoin acquisitions. This follows the company’s recent $1.1 billion bitcoin purchase, underscoring its commitment to expanding its digital asset portfolio.
Source (2.6)https://news.bitcoin.com/microstrategy-gears-up-for-next-bitcoin-expansion-with-fresh-capital-lined-up/?rand=52384
