Investing.com — MicroStrategy, a enterprise intelligence firm, has revealed plans to lift as much as $2 billion by a number of choices of perpetual most popular inventory.
The aim of the providing is to permit MicroStrategy to proceed to strengthen its stability sheet and purchase extra bitcoin, the corporate mentioned in a press launch.
The providing is predicted to happen within the first quarter, though the ultimate phrases and worth haven’t but been decided.
The raised capital might be utilized to strengthen MicroStrategy’s stability sheet and to accumulate extra bitcoin.
This transfer is an element of a bigger, beforehand introduced plan by MicroStrategy. Over the subsequent three years, the corporate intends to lift $21 billion of fairness and $21 billion of fastened revenue devices.
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