Strategy Files for IPO of New ‘Stretch’ Preferred Stock to Fund More Bitcoin Buys
On Monday, Strategy revealed plans for an initial public offering (IPO) of a new series of preferred stock to fund further bitcoin acquisitions. The news follows the company adding 6,220 BTC to its stash. Strategy Plans...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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Strategy Buys $82M in Bitcoin but Spends $188M on Preferred Share Buybacks
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Strategy spent more than twice as much on preferred buybacks as Bitcoin last week
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