Strategy ramps up Bitcoin buying with $2 billion stock-raise and already owns over 600k BTC. Debt and dilution skyrocket.
Michael Saylor’s Strategy just kicked its Bitcoin campaign into overdrive. It ramped up its preferred stock sale from $500 million to $2 billion, all to buy more Bitcoin with the new STRC “Stretch” shares (CryptoBriefing). Strategy now holds 607,770 BTC, worth about $72.4 billion, … Read more