Strategy (MSTR) will probably soon be on the market for further significant Bitcoin purchases following the pricing of an increase in the latest preferred share problem.

The company sold DKK 8.5 million. Shares in its 10% Series A -FLOW PREPARED APTICATION at a price of $ 85 each, which traveled approx. $ 711.2 million Strategy had initially hoped to gather $ 500 million.

The latest range of preferred stock differs from the original strip, providing a higher coupon (10% against 8%) and has no common stock conversion provision.

After last, the company owned more than 499,200 Bitcoin, so this upcoming fresh round of shopping had to take the strategy stuck well over 500,000 tokens.

Mstr shares are marginally down in premarket -action to just under $ 300. Bitcoin is stable for $ 84,000.