Following massive BTC purchase announcement, MicroStrategy says it may sell up to $1B in stock

by Aurelia Butler 14 June 2021, 23:40 159 Views

In a Monday S-3 filing for the U.S. Securities and Exchange Commission, MicroStrategy said it would be launching an “at the market” securities offering which would allow it to sell up to $1 billion of its Class A Common stock over time. The firm said it intended to use the proceeds from the offering “for general corporate purposes, including the acquisition of Bitcoin.”

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Source: Cryptocurrency - investing.com

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Following massive BTC purchase announcement, MicroStrategy says it may sell up to $1B in stock

All-star investor Rich Bernstein warns bitcoin is a bubble, sees oil as the most ignored bull market

JPMorgan stockpiling cash, waiting for interest rates to rise -CEO

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