Strategy Raises €620M to Boost Bitcoin Purchases
The post Strategy Raises €620M to Boost Bitcoin Purchases appeared first on Coinpedia Fintech NewsStrategy priced its 10% Series A Perpetual Stream Preferred Stock (STRE), issuing 7.75 million shares at €80 each to raise approximately €620 million ($715 million). The company will use the funds primarily to buy more bitcoin and for general corporate purposes. This offering was increased from €350 million due to strong demand. The STRE stock ...