ICYMI - Strategy software firm plans to raise up to US$500mn, will buy more Bitcoin

Noting this bullish news for BTC overnight ... and also that the price fell a little. Strategy plans to sell $500 million of dollar-denominated perpetual preferred stock.The firm says it intends to use proceeds for general corporate purposesacquisition of Bitcoinfor working capitalCrypto media carry more info if you are after it. Mainstream media (Bloomberg - gated) also have a little more:This issuance follows Strategy’s recent purchase of $10.7 million worth of Bitcoin. It plans to issue up to $21 billion of preferred stock to acquire more of the cryptocurrency.***Bitcoin update: