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Strategy (MSTR) Is Up 9.5% After Boosting Equity-Funded Bitcoin Hoard With Higher-Yield Stretch Preferred - simplywall.st

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Strategy (MSTR) Is Up 9.5% After Boosting Equity-Funded Bitcoin Hoard With Higher-Yield Stretch Preferred - simplywall.st

MicroStrategy (MSTR) shares have risen by 9.5% following the company's decision to enhance its equity-funded Bitcoin holdings through a higher-yield stretch preferred stock offering. This strategic move aims to bolster the firm's Bitcoin investment portfolio amid ongoing market volatility.

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