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Strategy Upsizes Stock Offering to Fuel Bitcoin Accumulation Push

  • Bitcoin advocate Michael Saylor's company, Strategy, has upsized its stock offering from $500 million to $722.5 million.
  • The offering includes 8.5 million shares priced at $85 each, with fixed dividends of 10% per year.
  • The funds raised will be used for general corporate purposes, including the continued acquisition of Bitcoin.
  • Strategy currently holds 499,226 BTC, valued at around $41.9 billion.

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