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Strategy Announces $4.2 Billion STRD Stock Offering To Buy More Bitcoin

  • Strategy plans to raise $4.2 billion through sales of its STRD stock to buy more Bitcoin as institutional adoption accelerates.
  • The at-the-market program will enable Strategy to sell STRD shares for Bitcoin acquisitions and general corporate purposes.
  • The company has already raised significant funds in Q2 through various capital market activities and continues to have remaining capacity for future issuances.
  • Strategy's disciplined capital raising approach and multi-instrument strategy have positioned it as a key player in institutional Bitcoin adoption, holding over 2.8% of Bitcoin's total supply valued at around $65 billion.

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