Strategy Unveils $21B Stock Offering to Amplify Bitcoin Holdings Amid Q1 Loss

Strategy, the corporate bitcoin treasury firm formerly known as Microstrategy, revealed plans for a $21 billion at-the-market (ATM) common stock offering to acquire additional bitcoin ( BTC), even as it reported a first-quarter net loss of $4.2 billion, or $16.49 per diluted share. Strategy Wants More Bitcoin The company’s net loss included a $5.9 billion […]

source https://news.bitcoin.com/strategy-unveils-21b-stock-offering-to-amplify-bitcoin-holdings-amid-q1-loss/