preferred stock
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Business
Michael Saylor Used ChatGPT to Engineer $15 Billion Bitcoin Stock Offering
Strategy Inc. Executive Chairman Michael Saylor revealed that his company deployed OpenAI’s ChatGPT to engineer a novel Bitcoin-backed preferred stock…
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Crypto
Strategy Disposes of $104.7M in Bitcoin to Fund Dividends and Share Repurchases
Strategy sold 1,638 Bitcoin for $104.7 million during the week ending August 2, tapping its cryptocurrency treasury to cover corporate…
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Crypto
Strategy Overhauls Bitcoin Valuation Metrics to Account for $22 Billion Debt and Preferred Obligations
Strategy has restructured its financial disclosure framework, introducing a series of net valuation benchmarks that subtract $22.2 billion in senior…
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Crypto
Strategy Raises $263.5 Million via Stock Sales to Bolster Cash Reserves
Corporate Bitcoin giant Strategy has raised $263.5 million through the sale of its Class A common stock, boosting its cash…
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