Strategy could bought large amount of BTC after preferred stock offering.

Source: SaylorTracker

Since Strategy bought a tiny of BTC(Bitcoin) on 17 March, I mocked that Strategy ran out of their cash 😂 I guessed they would likely be difficult to buy BTC(Bitcoin) more 🤔

Source: Cointelegraph

They announced preferred stock offering to buy BTC more on 21 March.

According to Strategy, the latest round of preferred stock will be sold at $85 per share, with a 10% coupon, and will bring the company approximately $711 million in revenue.

So, they could buy 6,911 BTC on 24 March. It's around $600m. Now, their BTC holdings are more than 500k. Compared to the U.S. government and China, it's much more.

Additionally, their DCA(Dollar Cost Averaging) price is $66.6k. They are still in profits, around 26% 😎 It comforts me, that they're also struggling in a tough time.