MicroStrategy unveils $2 billion preferred stock offering
MicroStrategy announced plans to raise $2 billion through a preferred stock offering, marking a major expansion of its Bitcoin accumulation strategy. The move comes as part of the company’s so-called 21/21 Plan, which aims to raise $42 billion through various financial instruments over three years. The Tysons Corner, Virginia-based company plans to issue perpetual preferred […]
MicroStrategy eyes more Bitcoin with potential $2B preferred stock offering
MicroStrategy may decide not to move forward with the perpetual preferred stock offering if market conditions aren’t favorable this quarter. Source link
MARA purchases 6,474 Bitcoin with convertible notes offering
According to Bitcoin-only financial services firm River, 62 publicly traded companies use a Bitcoin treasury strategy as of November 2024. Source link
Bitcoin miner CleanSpark plunges 10% after $800M share offering
Bitcoin miner CleanSpark fell 11% in after-hours trading on the Nasdaq after it filed to offer $800 million of CLSK stock. Source link
