Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Strategy Raises $58.7 Million From Stock Sales as MSCI Review Nears

Picture: TokenPost

Strategy’s latest financing figures add fresh context to MSCI’s pending index review, showing $58.7 million in net at-the-market proceeds and highlighting an equity funding channel that could face changes in index-linked demand. Strategy held 848,517 Bitcoin (BTC) as of Oct. 25 and raised about $58.7 million in net proceeds from at-the-market offerings between Oct. 1 and 23. The figures add a current measure of the company’s equity financing as its index eligibility comes under review. In the week ended Oct. 18, Strategy sold 140,872 shares of its Class A common stock (MSTR) for $22 million in net proceeds.

You are reading an excerpt. TokenPost wrote and owns the full article.

Continue reading at tokenpost.com

Related stories

More crypto news

All Crypto & Bitcoin