Bitcoin maximalist MicroStrategy (MSTR) has extended its Bitcoin buying spree, raising $584 million through a perpetual convertible preferred stock offering to fund additional Bitcoin purchases. Initially, MicroStrategy targeted $250 million for its capital raise, but demand ballooned the offering threefold. As a…
Bitcoin maximalist MicroStrategy (MSTR) has extended its Bitcoin buying spree, raising $584 million through a perpetual convertible preferred stock offering to fund additional Bitcoin purchases. Initially, MicroStrategy targeted $250 million for its capital raise, but demand ballooned the offering threefold. As a…Read more…