Strategy Seeks SEC Approval for $44.1B Stock Offerings to Buy More Bitcoin
Strategy Inc. has filed with the SEC to raise up to $44.1 billion through new equity offerings, aiming to fund additional Bitcoin purchases. The filing covers $21 billion in Class A common stock (MSTR), $21 billion in “Stretch” preferred (STRC), and $2.1 billion in “Strike” preferred (STRK). After the disclosure, MSTR closed at $138.20, up 1.87% for the session.