Strategy Stock Is Sliding Tuesday: What’s Going On?

Strategy Inc (NASDAQ:MSTR) shares are trading lower Tuesday after the company announced an offering of 5 million shares of its Series A Perpetual Strife Preferred Stock in a public offering.

Strategy previously said it plans to sell its Perpetual Strife Preferred Stock over an extended period of time. The preferred stock will accumulate cumulative dividends at a fixed rate of 10% per annum.

Strategy …

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