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Strategy issues 5M Series A Preferred Shares with a 10% dividend to fund Bitcoin acquisitions and corporate needs.

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Strategy (formerly MicroStrategy) plans to issue $500M in Series A Perpetual Preferred Stock to fund more Bitcoin purchases.

Strategy said that it plains to raise as much as $500 million through a new offering to buy more Bitcoin—and pay a higher ...

Business intelligence firm and Bitcoin investor Strategy plans to offer 5 million shares of the company’s Series A Perpetual Strife Preferred Stock and use the proceeds to purchase more Bitcoin.