Strategy Rakes in $14B Bitcoin Windfall in Q2, Launches $4.2B STRD ATM Offering for Preferred Clients
Wall Street's latest crypto cash grab just hit ludicrous speed.
While Main Street investors fret over gas prices, one firm quietly stacked $14 billion in Bitcoin profits last quarter—then pivoted straight to printing fresh monopoly money with a $4.2 billion 'preferred' ATM offering. Because nothing screams financial inclusion like reserving your best deals for whales and pension funds.
The STRD playbook? Classic bull market alchemy: Turn volatile crypto gains into 'stable' institutional product flow. Genius—if you ignore the part where 99% of traders couldn't get within light-years of these 'preferred' terms.
Pro tip: When your quarterly crypto profits could bail out a small country, maybe skip the faux-humble ATM rollout press release.