Strategy Plans to Use Funds from Preferred Stock Offering for Bitcoin Acquisitions
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Strategy plans to use funds from a preferred stock offering to acquire more Bitcoin. Recently, they purchased 130 BTC for $10.7 million, marking their smallest acquisition since 2020.
March 19, 2025 | 4:45 am
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Strategy's plan to use funds from a preferred stock offering to acquire more Bitcoin could increase demand for BTC, potentially impacting its price positively.
The acquisition of Bitcoin by Strategy using funds from a stock offering suggests increased demand for BTC, which could lead to a short-term price increase. The recent purchase of 130 BTC, although small, indicates ongoing interest and investment in Bitcoin.
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