Strategy Quadruples Preferred Stock Offering to $2B to Fuel Bitcoin Buying Spree
Anonymous sources have told Bloomberg that Michael Saylor’s software-turned-Bitcoin treasury firm, Strategy, plans to quadruple the size of its preferred stock offering, STRC (also known as Stretch) — taking it from US$500 million (AU$759.8m) to US$2 billion (AU$3b) in a bid to raise more capital for another Bitcoin buying spree...Read…
bubmagJuly 25, 2025