This is what big companies always do.
First, they get it right, then they give a little something back to the shareholders to keep them quiet...

kurszusz

They raised $60 million about 560 BTC which is more than half of their hodl stack. 

This dilution better be worth it! Better be getting some S21 hydros!

BlokchainB

 If they can otherwise it's just another bag drag.

wolfsbane

Stacker_Stocks

![](https://m.stacker.news/92876)

Ahh wonder how much they are raising. But those who are holding the stock could be frustrated with this move 

### But! 


They do hold 855 BTC
![](https://m.stacker.news/92877)

If this equity raise leads to more BTC then investors in the stock may be happy with this dilution if they manage to bring their BTC per share up of course! 

