Post #18863

🟠 BSTR, founded by Adam Back, secured $300M in convertible preferred stock (~$255M net) as part of a ~$1.5B SPAC financing to fund future Bitcoin purchases, similar to Strategy’s STRC. 📰https://btctimes.com/bstr-includes-convertible-preferred-financing-in-bitcoin-treasury-spac-structure-2/ 📣https://x.com/BTCTimescom/status/2034007797977760021