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Strategy prices 5X oversubscribed $2.47 billion STRC offering
Strategy (MSTR) has priced the initial public offering of 28,011,111 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at $90 per share, raising approximately $2.47 billion in net proceeds, according to a press release. Settlement is expected on July 29.
@MicroStrategy $MSTR
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