Wu Blockchain (@WuBlockchain): MicroStrategy plans to issue up to $21 billion in 8.00% Series A Perpetual Preferred Stock to raise funds for general corporate purposes, including po…
Estimated coin impact
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MicroStrategy plans to issue up to $21 billion in 8.00% Series A Perpetual Preferred Stock to raise funds for general corporate purposes, including potential Bitcoin acquisitions.The company stated that it will continue to execute its Bitcoin accumulation strategy and will leverage equity financing, debt financing, and operating cash flow to support this strategy. sec.gov/Archives/edgar…