Strategy boosts STRC preferred stock offering to $2B - report
Main Idea
MicroStrategy (NASDAQ:MSTR), the largest corporate holder of bitcoin, has increased the size of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) from $500M to $2B.
Key Points
1. MicroStrategy is the world's largest corporate holder of bitcoin (BTC-USD).
2. The company has expanded its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) offering from $500M to $2B.
Description
More on Strategy Strategy: The $84 Billion Bitcoin Flywheel Strategy's 4th Preferred Stock: STRC Is Here To Attack Money Market Funds Strategy: Still Sticking With Series A Preferreds South Korea's FSS asks ETFs to cut Coinbase and MicroStrategy stocks - report Strategy announces IPO for Stretch Preferred Stock STRC
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