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Software development firm MicroStrategy (MSTR) is announcing a massive new stock offering to raise funds for accumulating more Bitcoin (BTC). In a new press release, the business intelligence company says it is setting the price of its perpetual strike preferred stock offering at $80 per share with the hopes of obtaining $563.4 million, some of […]
The post MicroStrategy Announces $563,400,000 Stock Offering, Says Part of Proceeds Will Be Used To Acquire More Bitcoin appeared first on The Daily Hodl.
The shareholders behind MicroStrategy have voted to dramatically increase the number of shares in a bid to raise funds for additional Bitcoin (BTC). According to a new Bloomberg report, the business intelligence firm, known for its extensive BTC investments, proposed increasing the number of authorized Class A common shares from 330 million to 10.3 billion […]
The post MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases appeared first on The Daily Hodl.