3 months ago
On the sidelines from purchasing further bitcoin (BTC) for the past mates of weeks, Michael Saylor's Strategy (STRK) is astatine it again.
The institution during aboriginal Monday U.S. hours announced a $21 billion at-the-market (ATM) offering of its Series A preferred banal (STRK), proceeds of which would mostly beryllium utilized for buying further bitcon.
The quality gave a tiny boost to bitcoin, which — amid yet different panicky Sunday league — traded arsenic debased arsenic $80,000 a fewer hours ago. It's presently changing hands astatine conscionable supra $83,000.
Strategy by a mile is the largest firm holder of bitcoin, with conscionable shy of 500,000 tokens worthy astir $42 cardinal astatine bitcoin's existent price.
MSTR shares are little by 5.5% successful premarket enactment and down astir 50% from a grounds precocious deed successful precocious November.
English (US) 