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Strategy Rakes in $14B Bitcoin Windfall in Q2, Launches $4.2B STRD ATM Offering—Wall Street Left Scratching Heads
Strategy Rakes in $14B Bitcoin Windfall in Q2, Launches $4.2B STRD ATM Offering—Wall Street Left Scratching Heads
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Bitcoin just printed another Wall Street humiliation tour. Strategy's Q2 crypto cash grab hit $14 billion—enough to make Jamie Dimon's blood pressure spike.
The $4.2B STRD ATM Play
While traditional finance clings to its 1% yields, Strategy doubled down with a $4.2 billion preferred ATM offering. Because when you're swimming in Bitcoin profits, why not flex with some financial engineering?
Another quarter, another reminder that crypto markets move faster than SEC lawsuits. The only thing more volatile than BTC price action? Bankers' excuses for missing this train.
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