Strategy raises $2.5B to buy 21,000 Bitcoins in major crypto IPO

Strategy, widely regarded as the leading Bitcoin Treasury Company, announced completion of an IPO that secured roughly $2. 52 billion, which it promptly deployed to purchase 21,021 bitcoins at a total outlay of about $2. 46 billion. According to a press release shared by Business Wire the preferred shares, designated STRC, were priced at $90 apiece and are set to […] source: https://www.cryptopolitan.com/strategy-raises-2-5b-to-buy-21000-bitcoins-in-major-crypto-ipo/