MicroStrategy Says It May Buy More
Bitcoin in Stock Sale Fililing
The firm plans to sell as muchas $500 million in Class A
shares
Microstrategy filed with the US Securities and
Exchange Commission to sell as much as $500 million
in stock. The proceeds may be used to buy more
bitcoin
No specific date was provided for any potential sales.
The firm added that it intends to retain all future
earnings, if any, to purchase additional Bitcoin and for
the development of the software business
11.09.2022