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Strategy raises $20.9 billion through stock issuance for Bitcoin purchases

  • Strategy raised funds through stock issuance for additional Bitcoin purchases.
  • $20.9 billion was raised by Strategy through stock issuance this year.
  • Strategy ranked fourth among U.S. companies by stock issuance this year.

Strategy has become the fourth-largest stock issuer in the United States this year after raising $20.9 billion through stock issuance. The company used the proceeds to purchase Bitcoin, extending its cryptocurrency accumulation strategy. Cointelegraph reported the ranking on September 3, citing Strategy-related data.

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Strategy raises $20.9 billion through stock issuance for Bitcoin purchases - CoinPost Terminal