According to Foresight News, Strategy (formerly MicroStrategy) has submitted a prospectus for the issuance of $21 billion in 8.00% Series A perpetual preferred stock. This issuance aims to raise funds for general purposes, including potential acquisitions of Bitcoin. Strategy intends to continue its strategy of accumulating Bitcoin by utilizing equity, debt financing, and operating cash flow proceeds. The document did not mention any new Bitcoin acquisitions but emphasized the company's ongoing commitment to its Bitcoin strategy.
Strategy submits prospectus for the issuance of $21 billion in preferred stock
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