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Retail Investors Back Bitcoin Push, Strategy Raises $21B

Published 6 days, 18 hours ago
Description

Retail investors now hold 80% of Strategys Stretch preferred shares, making them the largest shareholders. The company has used these sales to buy over $1 billion worth of Bitcoin this year. Strategys CEO confirmed the retail dominance and positioned Stretch as a calmer way to gain Bitcoin exposure. The company plans to raise up to $21 billion from common stock and more Stretch shares, signaling confidence in Bitcoins long-term outperformance.

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