Strategy Raises $2 Billion as Bitcoin's 24% Surge Turns Holdings Profitable
Bitcoin
Strategy Inc. (NASDAQ:MSTR) raised $2 billion through stock sales last week as Bitcoin's (CRYPTO: BTC) 24% surge flipped its 840,447 BTC position back into profit. What the $2 Billion Raise Actually Covered According to Monday's 8-K filing, Strategy sold 18.26 million MSTR shares between Aug. 17 and Aug. 23, directing proceeds three ways.
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