Derived from TheCCPress, Strategy Inc. raised €620 million through a Series A Perpetual Stream Preferred Stock offering to enhance its Bitcoin treasury. The company, led by Michael Saylor, aims to strengthen its position as the largest corporate Bitcoin holder. The offering, led by Barclays and Morgan Stanley, includes a 10% annual dividend and has drawn institutional support. S&P Global assigned the offering a B- rating, citing concerns over Bitcoin’s volatility and liquidity risks. Saylor emphasized Bitcoin’s role as a reserve asset in the digital age.
Strategy Inc. Raises €620M to Bolster Bitcoin Treasury
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