Strategy Unveils $21B Stock Offering to Amplify Bitcoin Holdings Amid Q1 Loss
Strategy, the corporate bitcoin treasury firm formerly known as Microstrategy, revealed plans for a $21 billion at-the-market (ATM) common stock offering to acquire additional bitcoin ( BTC), even as it reported a first-quarter net loss of $4.2 billion, or $16.49 per diluted share. Strategy Wants More Bitcoin The company’s net loss included a $5.9 billion […]
Strategy, the corporate bitcoin treasury firm formerly known as Microstrategy, revealed plans for a $21 billion at-the-market (ATM) common stock offering to acquire additional bitcoin ( BTC), even as it reported a first-quarter net loss of $4.2 billion, or $16.49 per diluted share. Strategy Wants More Bitcoin The company’s net loss included a $5.9 billion […] What's Your Reaction?
