Strategy plans to issue up to $21 billion of 8.00% Series A perpetual preferred stock, or may continue to increase its holdings in Bitcoin

According to ChainCatcher news, documents from the U.S. SEC website show that Strategy has submitted a prospectus to issue up to $21 billion of 8.00% Series A perpetual preferred stock. This issuance aims to raise funds for general purposes, including potential acquisitions of Bitcoin.

Strategy intends to continue its strategy of accumulating Bitcoin, leveraging the proceeds from equity, debt financing, and operating cash flow. The document does not mention any new Bitcoin acquisitions but emphasizes the company's ongoing commitment to its Bitcoin strategy.