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Strategy Plans to Reissue STRC Preferred Stock at $100 to Fund Bitcoin Purchases

(2 hours ago) · 1 source · Summarized by CryptoBipto

Strategy, formerly known as MicroStrategy, is reportedly planning to reissue its STRC preferred stock at $100 per share. The move could convert what has been a cash-draining obligation into a new source of capital for purchasing additional Bitcoin.

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SOURCES

  • cryptoslate.com

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