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Key Takeaways Strategy plans to offer up to $21 billion in preferred stock to expand its Bitcoin holdings. The company uses various financing methods, such as debt offerings and equity issuances, to fund Bitcoin acquisitions. Share this article Strategy plans to sell up to $21 billion in 8.00% Series A Perpetual Strike Preferred Stock through … Read more
Toru Nishikawa (right), co-founder and chief executive officer of Preferred Networks, and Daisuke Okanohara, co-founder and chief executive researcher, with a Fanuc Corp. robotic arm at their company’s headquarters in Tokyo, Japan, March 16, 2018. Bloomberg | Bloomberg | Getty Images Preferred Networks is a little-known name outside of Japan, but the Toyota-backed artificial intelligence unicorn … Read more
OpenAI on Monday published what it’s calling an “economic blueprint” for AI: a living document that lays out policies the company thinks it can build on with the U.S. government and its allies. The blueprint, which includes a forward from Chris Lehane, OpenAI’s VP of global affairs, asserts that the U.S. must act to attract … Read more
MicroStrategy announced plans to raise $2 billion through a preferred stock offering, marking a major expansion of its Bitcoin accumulation strategy. The move comes as part of the company’s so-called 21/21 Plan, which aims to raise $42 billion through various financial instruments over three years. The Tysons Corner, Virginia-based company plans to issue perpetual preferred … Read more
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