
Strategy Unveils $21B ATM Program While BTC Buys Face $3B Loss
MicroStrategy has announced a $21 Billion at-the-market offering program for its 8% series A perpetual strike preferred stock. The announcement comes even as its aggressive Bitcoin acquisition strategy faces headwinds from recent market volatility. According to a company press release issued March 10, proceeds from the offering will be used for “general corporate purposes, including…