MicroStrategy plans $2 billion raise via preferred stock offering to expand Bitcoin holdings

MicroStrategy, the largest corporate Bitcoin holder, plans to raise $2 billion from a perpetual preferred stock offering to purchase extra Bitcoin for the company to move closer to its “21/21” plan. The firm explained in a statement that it plans to obtain the perpetual preferred stock by converting its class A common stock, paying a cash dividend, redeeming shares, or…   

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