Strategy’s latest move signals continued confidence in Bitcoin, with executive chairman Michael Saylor hinting at further acquisitions amid a robust
Strategys latest move signals continued confidence in Bitcoin, with executive chairman Michael Saylor hinting at further acquisitions amid a robust accumulation strategy.
,
,
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
In a decisive move to bolster its Bitcoin reserves, Strategy announced a $1 billion stock offering featuring 11.76 million shares of 10.00% Series A Perpetual Stride Preferred Stock priced at $85 each. This offering significantly surpasses the company‘s initial $250 million target, reflecting strong investor appetite and confidence in Strategy’s aggressive acquisition plan. The preferred stocks non-cumulative 10% dividends are designed to attract institutional investors seeking steady income, providing a more predictable return profile while enabling the company to maintain its Bitcoin accumulation momentum.
Proceeds from the offering, estimated at approximately $979 million after underwriting and related expenses, will be allocated primarily to fund additional Bitcoin purchases alongside general corporate expenses. This capital injection aligns with Strategy‘s broader objective to expand its Bitcoin treasury, leveraging market opportunities to enhance shareholder value. The preferred stock structure offers a compelling alternative to traditional equity, appealing to professional investors focused on yield without diluting common stockholders’ equity.
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
0.00