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The Nexus
BUSINESSMay 18 · 14:50 UTCDECRYPTAndré Beganski

Strategy Leverages Preferred Stock Issuance for $2 Billion Bitcoin Buy

Strategy purchased 24,869 Bitcoin for $2 billion using funds from its preferred stock. The investment channels billions of dollars into the cryptocurrency market. This significant buy underscores Strategy's confidence in Bitcoin.

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