Business
MSTR Stock Sinks As Strategy Raises $1.4 Bil For ‘Bitcoin Winter’; Is It Enough?
Strategy (MSTR) is bracing for a possible “bitcoin winter,” issuing 8.2 million shares of MSTR stock last week to raise $1.4 billion that will allow it to cover all of its interest payments for the next 21 months. Although bad news for the bitcoin price is winning the day, sinking the cryptocurrency, the relatively good news is that Strategy says…
