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Record Quarter: Strategy Earns $10B, Files $4.2B Offering to Buy More Bitcoin

Strategy Incorporated, formerly operating as Microstrategy, has filed for a $4.2 billion offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) while reporting record second-quarter net income of...

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Record Quarter: Strategy Earns $10B, Files $4.2B Offering to Buy More Bitcoin
Strategy Incorporated, formerly operating as Microstrategy, has filed for a $4.2 billion offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) while reporting record second-quarter net income of $10 billion, driven by unrealized gains on its massive bitcoin holdings. Strategy Announces $4.2B STRC Offering and Record $10B Q2 Net Income Strategy filed […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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