Strategy Plans $2.1B Sale of Its Perpetual Strife Preferred Stock
Proceeds to support corporate initiatives including bitcoin acquisitions and working capital.
Strategy (MSTR) will issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock for up to $2.1 billion.
Strategy plans to sell the shares over a period of time, based on market conditions.
Net proceeds will be used for general corporate purposes, which may include the acquisition of bitcoin (BTC) and working capital.
