MicroStrategy raises $2,520,000,000 through STRC IPO…Acquires 21,021 Bitcoin (BTC)

Source
JH Kim

Summary

  • MicroStrategy (MSTR) reportedly raised a total of $2,520,000,000 through an STRC preferred stock IPO.
  • MicroStrategy announced that it secured 21,021 Bitcoin (BTC) at an average purchase price of $117,256 with the funds raised.
  • As of the 30th, BTC is reportedly trading at $117,301.40, down 0.36% on the Binance Tether (USDT) market.

On the 29th (local time), on-chain data platform Unfolded reported that MicroStrategy (MSTR) has completed an IPO of STRC preferred stock, raising a total of $2,520,000,000.

MicroStrategy secured 21,021 Bitcoin (BTC) at an average purchase price of $117,256 through this STRC issuance.

Meanwhile, as of 5:33 AM on the 30th, BTC is trading at $117,301.40 on the Binance Tether (USDT) market, down 0.36% from the previous day.

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JH Kim

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