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Strategy announced plans to issue 2.5 million shares of STRD preferred stock to purchase Bitcoin and operate

2025-06-03 00:38

Odaily News According to the official announcement, Strategy announced that it plans to publicly issue 2.5 million shares of 10.00% Series A perpetual preferred stock (stock code: STRD). The company stated that the proceeds from this fundraising will be used for general corporate purposes, including Bitcoin acquisition and working capital.