Strategy, a financial services company, has recently sold $43.4 million in preferred stock and used the proceeds to purchase 390 bitcoins. This move reflects a growing trend of companies diversifying their portfolios by investing in cryptocurrencies such as Bitcoin. The decision is seen as a strategic move to capitalize on the potential growth of digital assets.

Read more at Investing.com: Strategy sells $43.4 million in preferred stock, buys 390 bitcoin