Strategy raises $283.8 million (about 386.3 billion won) by selling shares
Original headline스트래티지, 주식 팔아 2억8380만달러(약 3863억원) 조달
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Strategy (MSTR) raised $283.8 million in net proceeds by selling 2,051,348 common shares between November 2 and 8, allocating $13.6 million to a dollar cash account, $81.9 million to bitcoin purchases, and $188.3 million to redeeming STRC preferred stock. The company bought 1,036 BTC during the period, up from 811 the prior week, bringing its holdings to 850,364 BTC as of November 8. The mixed use of proceeds signals Strategy is balancing continued bitcoin accumulation with balance-sheet management via preferred stock retirement.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Strategy (MSTR), Bitcoin (BTC), STRC preferred stock
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