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Benzinga
Benzinga
Business
Parshwa Turakhiya

MSTR Falls To $230 Despite Strategy's Upsized Stock Offering

MicroStrategy Stock Jump

Strategy Inc. (NASDAQ:MSTR) announced an increase of a high-yield preferred offering to fund more Bitcoin (CRYPTO: BTC) purchases, but MSTR shares plunged to $230 as traders sold the news.

Strategy Prices €620M Preferred Stock Offering

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