Strategy Stock to Erase Nearly Half Its Value as Crypto Craters

Strategy Stock to Erase Nearly Half Its Value as Crypto Craters

Shares of Michael Saylor’s Strategy are on track to fall nearly half from their peak as investors fret about economic headwinds and retreat from cryptocurrency-related bets that had initially benefited from Donald Trump’s election win.

Michael Saylor's 'Strategy' To Raise Up To $21B To Buy More Bitcoin

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Strategy Announces Preferred Stock Offering to Fund Additional BTC Purchases

Michael Saylor-led business intelligence firm, Strategy announced today that it has entered into a sales agreement to offer up to $21 billion of 8% Series A Perpetual Strike Preferred Stock, according to a filing with the US Securities and Exchange Commission (SEC). The shares, which carry a $0.001 par value, are convertible into Strategy’s class A common stock and will be sold under an at-the-market (ATM) offering program. $21 Billion Stock Off…

Saylor's Forbes Cover leads to 30% decrease in Strategy shares

Shares of the strategy company have experienced a 30% decrease following Michael Saylor’s appearance on the cover of Forbes magazine. The company, which focuses on innovative business tactics, saw a significant drop in its stock value after Saylor’s profile was featured prominently in the renowned publication. Investors were taken by surprise as the share price took a hit despite the company’s strong performance in recent quarters. Analysts beli…

Almost 500,000 BTCs are not enough for Permabullen Michael Saylor. His company, Strategy, wants to collect 21 billion US dollars with preferential shares – to buy BTC. Source: BTC-ECHO BTC-ECHO

Strategy Eyes $21B Fundraise To Expand Bitcoin Holdings - FinanceFeeds

Michael Saylor’s Strategy, the largest public corporate holder of Bitcoin, is looking to raise up to $21 billion to expand its BTC holdings. The company announced on March 10 that it signed a sales agreement allowing it to issue 8% Series A perpetual strike preferred stock to fund Bitcoin acquisitions and other corporate expenses. Under the ATM Program, Strategy plans to gradually sell shares based on market conditions, ensuring a measured appro…