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2025-01-31 03:05:09

BitcoinNews on Nostr: JUST IN: MicroStrategy’s perpetual convertible preferred stock offering was ...

JUST IN: MicroStrategy’s perpetual convertible preferred stock offering was oversubscribed by nearly 3X, increasing from 2.5M to 7.3M shares at $80 each.

This larger preferred stock sale allows them to raise $584M in new capital to buy more Bitcoin.

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