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Strategy Announces 5M Series A Perpetual Strife Preferred Stock to Fund Bitcoin Acquisition

  • Strategy plans to offer 5,000,000 shares of its Series A Perpetual Strife Preferred Stock to fund Bitcoin acquisition.
  • The preferred stock will offer a 10% fixed dividend rate and redemption rights under specific conditions.
  • Proceeds from the offering will be used for general corporate activities and operational capital.
  • Morgan Stanley, Barclays, Citigroup, and Moelis will act as joint book-running managers for the offering.

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