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Strategy (Formerly MicroStrategy) Launches $2.1 Billion Share Sale to Fund Further Bitcoin Acquisitions

Coinedition LogoCoinedition12h ago

Strategy (Formerly MicroStrategy) Launches $2.1 Billion Share Sale to Fund Further Bitcoin Acquisitions - Coinedition

Quick Summary:

Strategy, formerly MicroStrategy, is launching a $2.1 billion fundraising effort to significantly increase its Bitcoin holdings.  The company intends to issue shares through its At the Market (ATM) program to achieve this goal.

This move emphasizes Strategy’s sustained commitment to cryptocurrency and digital asset expansion.

CEO Michael Saylor publicly announced the initiative through social media […]

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Strategy (Formerly MicroStrategy) Launches $2.1 Billion Share Sale to Fund Further Bitcoin Acquisitions - Coinedition (Picture 1)Strategy (Formerly MicroStrategy) Launches $2.1 Billion Share Sale to Fund Further Bitcoin Acquisitions - Coinedition (Picture 2)

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Article Details

Author / Journalist: Peter Mwangi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 16:15:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 121 words

Reading Time: 1 minutes read

Sentences: 59 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 26848323

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 18 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Strategy (Formerly MicroStrategy) Launches $2.1 Billion Share Sale to Fund Further Bitcoin Acquisitions" has 121 words across 59 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "Strategy (Formerly MicroStrategy) Launches $2.1 Billion Share Sale to Fund Further Bitcoin Acquisitions" was covered 12 hours ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 18 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #26848323
  • URL: https://beamstart.com/news/strategy-formerly-microstrategy-launches-21-174162

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