Michael Saylor’s Strategy MSTR Announces $4.2 Billion STRC Stock Offering to Purchase More Bitcoin
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Michael Saylor's company, Strategy, has announced a stock offering, with reports varying on the size, ranging from $2.5 billion to $4.2 billion, and also mentioning a large atm program of $42 billion or $44.1 billion. The company is using the funding to purchase more bitcoin, with recent buys including varying amounts, bringing its total holdings to different reported levels. The exact details of the offering and the company's bitcoin holdings are unclear, with different outlets reporting different figures.
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