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Strategy Inc., the world’s first and largest Bitcoin treasury company, has successfully priced its initial public offering of Series A Perpetual Stream Preferred Stock (STRE Stock), raising approximately $715 million (€620 million). The company plans to use the proceeds primarily to acquire additional Bitcoin and bolster its working capital. The offering, announced on November 6,
The post Strategy Raises $715M to Buy More Bitcoin Through New Preferred Stock appeared first on CoinGape.
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