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Mrabdolahi
@mrabdolahi
MicroStrategy intends to raise as much as $21 billion by issuing 8.00% Series A Perpetual Preferred Stock, with the funds earmarked for general corporate needs, which may include buying more Bitcoin. The company affirmed its commitment to its Bitcoin accumulation approach, planning to fuel this strategy through a mix of equity and debt financing, alongside cash generated from its operations.
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