Strategy Ranks Fourth in US Equity Issuance This Year After Raising $20.9 Billion
JH Kim
Summary
- Strategy has reportedly become the company with the fourth-largest stock issuance in the US this year.
- Cointelegraph reported that Strategy raised a total of $20.9 billion through stock issuance this year.
- Strategy has used the proceeds for Bitcoin (BTC) purchases, continuing its cryptocurrency accumulation strategy.
Forecast Trend Report by Period
Strategy, the publicly traded company with the world's largest Bitcoin holdings, has become the fourth-largest issuer of stock in the US this year.
Cointelegraph reported on September 3, citing Strategy-related data, that the company has raised a total of $20.9 billion through stock issuance this year.
Strategy has used the proceeds to buy Bitcoin, continuing its cryptocurrency accumulation strategy.
That placed Strategy fourth among all US companies by stock issuance this year.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.