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Strategy announces plan to issue 2.5 million shares of STRD preferred stock for Bitcoin acquisition and operations
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According to the official announcement from Odaily Planet Daily, Strategy has announced plans to publicly issue 2.5 million shares of 10.00% Series A perpetual preferred stock (stock code: STRD). The company stated that the proceeds from this fundraising will be used for general corporate purposes, including Bitcoin acquisition and working capital.
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