MICROSTRATEGY PLANS TO RAISE $2B FOR BITCOIN PURCHASES, UPSIZING FROM $500M: BBG
Strategy has just announced a quadruple increase in its capital raise from $500 million to $2 billion.
They are scaling up their efforts, as the game is becoming increasingly crowded, and MSTR must stay ahead of the pack in terms of generating BTC for their shareholders.
I really pity the competition
How do they plan on beating this
Lol no wonder he's fond of sharing new buys by various treasury companies
Its like the Eldest child looking after the younglings.
Unconfirmed reports that Strategy is oversubscribed from their initial $STRC offering and will be increasing from $500 million to $2 billion.
The STRC is too attractive to investors
And subscription was more than they expected
Not surprised about that. Even I am caught