Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock
Bitcoin Magazine Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock Strategy has launched a $2.1 billion At-The-Market (ATM) equity program for its Strife (STRF) preferred stock, marking another step in the firm’s long-term strategy to build a Bitcoin-backed financial architecture. The announcement was made by CEO and President Phong Lee during an investor update alongside Executive Chairman Michael Saylor. According to Lee, strong year-to-date results […] This post Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock first appeared on Bitcoin Magazine and is written by Jenna Montgomery.
Bitcoin Magazine
Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock
Strategy has launched a $2.1 billion At-The-Market (ATM) equity program for its Strife (STRF) preferred stock, marking another step in the firm’s long-term strategy to build a Bitcoin-backed financial architecture.
The announcement was made by CEO and President Phong Lee during an investor update alongside Executive Chairman Michael Saylor. According to Lee, strong year-to-date results from the firm’s Bitcoin-linked securities Strike (STRK) and Strife (STRF) gave Strategy the confidence to expand its fundraising strategy.
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