Strategy Funds 22,337 BTC Buy With $1.18B STRC Issuance

TLDR Strategy purchased 22,337 BTC last week, marking its fifth largest bitcoin acquisition on record. The company raised $1.18 billion through STRC perpetual preferred stock to fund most of the purchase. Strategy raised $396 million through its common stock at the market program during the same period. The latest acquisition increased Strategy’s total bitcoin holdings [...]

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