"The institutional landscape has fundamentally transformed, with firms like Strategy holding significant BTC to engage more investors."
"Strategy's disciplined approach to capital raising has established a blueprint for institutional Bitcoin adoption through a multi-instrument strategy."
Strategy is raising up to $4.2 billion through the sale of 10.00% Series A Perpetual Stride Preferred Stock to finance more Bitcoin acquisitions. This initiative follows a report of $14.05 billion in unrealized gains. An ATM program will facilitate the sale of STRD shares, targeting yields for high-return investors. Strategy has raised $6.8 billion in Q2 from various activities, with holdings exceeding 2.8% of Bitcoin's total supply valued at around $65 billion, demonstrating a shift toward institutional involvement in cryptocurrency.
Read at Bitcoin Magazine
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