Strategy Ranks Fourth in US Equity Issuance This Year, Raising $20.9 Billion
Summary
- Strategy, the publicly traded company with the world's largest Bitcoin holdings, has become the fourth-largest equity issuer in the US this year.
- Cointelegraph reported that Strategy raised a total of $20.9 billion through stock issuance this year.
- Strategy has used the proceeds to buy Bitcoin as it continues its cryptocurrency accumulation strategy.
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Strategy, the publicly traded company with the world's largest Bitcoin holdings, has become the fourth-largest equity issuer in the US this year.
Cointelegraph reported on September 3, citing Strategy-related data, that the company has raised a total of $20.9 billion through stock issuance this year.
Strategy has used the proceeds to buy Bitcoin, continuing its cryptocurrency accumulation strategy.
That puts Strategy fourth among all US companies by stock issuance this year.
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