Wu Blockchain (@WuBlockchain): According to Bloomberg, MicroStrategy has increased its latest Series A perpetual preferred stock offering “Stretch” from $500 million to $2 billion,…
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According to Bloomberg, MicroStrategy has increased its latest Series A perpetual preferred stock offering “Stretch” from $500 million to $2 billion, pricing 5 million shares at $90 each. The proceeds will be used for purposes including Bitcoin acquisitions. The company currently holds 607,770 BTC, valued at approximately $72.4 billion. https://t.co/giWiJ5KX6Y