Can STRD Offering Deliver Results?

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MicroStrategy MSTR, doing business as “Strategy, has taken another major step in deepening its Bitcoin strategy. On Monday, the company announced a $4.2 billion at-the-market (ATM) offering of its 10% Series A Stride Preferred Stock (STRD), reinforcing its role as the world’s largest corporate holder of Bitcoin, with more than 597,000 BTC valued at more … Read more

Record High of $112K in Sight

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Bitcoin broke out of its recent very tight trading range during U.S. Wednesday afternoon hours, threatening to topple its May record of $112,000. The move came amid a broader crypto rally that also saw Ethereum’s ether surge 6% to $2,760, its highest level in a month. Bitcoin itself was ahead 2.4% at $111,400 at press … Read more