Fidelity Funds Bitcoin Purchases with Preferred Stock Sales

• Fidelity has announced the use of proceeds from preferred stock sales to purchase over 130,000 bitcoins.
• The financial transaction was reported by Yahoo Finance.
• No further details on the specific terms or timing of the stock sales were provided.
• This development highlights Fidelity's growing involvement in the cryptocurrency market.
• No additional information on the impact or future plans related to these purchases was disclosed.