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Jonbinh
@999eth
Strategy Offers $1 Billion in Shares to Buy More Strategy, the world’s largest Bitcoin holding company among businesses, plans to raise nearly $1 billion through a stock offering to buy more BTC. Michael Saylor’s company plans to issue 11,764,700 shares of 10% Class A perpetual preferred stock at a public offering price of $85 per share. According to a June 6 announcement, Strategy expects to raise approximately $979.7 million after deducting underwriting discounts and expenses related to the offering.
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