Strategy Announces $2.47B Preferred Stock Offering for Massive Bitcoin Purchase

Strategy Announces $2.47B Preferred Stock Offering for Massive Bitcoin Purchase
Strategy Announces $2.47B Preferred Stock Offering for Massive Bitcoin Purchase

Main notes

  • The company raised its offer to 28,011,111 shares of favorite stocks in variable shares.
  • The strategy currently has 607,770 Bitcoin at a value of $ 70.4 billion at current market prices of $ 115,847 for the coin.
  • The new $ STRC offer features a unique variable profit of 9 % annually with monthly modification rights.

Michael Celor’s strategy (formerly Michaudji) announced its pricing for excellent excellent stocks ($ Stc) on July 25, and just one day after the announcement of the public subscription on July 24, the company will make the number of shares sold to 28,011111111 dollars.

The strategy expects net returns from selling to earn about $ 2.474 billion, after discounts, commissions and other expenses. According to a press statementThe company intends to re -invest these funds for “public companies’ purposes, including acquisition of bitcoin and working capital.” This apparently indicates the other huge bitcoin for Saylor and Company, perhaps more than two billion dollars.


The strategy carries about 60770 Bitcoin, According to the data from Bitbo It was retrieved on July 25. In the current Bitcoin

BTC
116 dollars 152



24 hours fluctuation:
2.6 %


The maximum market:
2.31 dollars R.



Folder. 24h:
89.93 dollars b

The price of $ 115,847 per currency (as of the time of publishing this article), and this puts the company’s property of $ 70.4 billion.

The strategy expands the favorite stock portfolio

The $ STRC is scheduled to settle on July 29, 2025, which makes it in a fold with the company’s favorite stock offers group. This wing, which offers many permanent and variable tools that suit the appetite of different risks, includes $ STRK (“” Strike “), which is a preferred arrow of the A 8 % A series of permanent; $ Strf (“” Strife “), 10 % chain of permanent accumulated accumulated cumulative shares; $ Strd (“” Stride “), which is a preferred series of 10 % of the non -inherited chain. And now $ Strc (“” Stretch “), a variable chain of the Series A Favorite Front Arrow.

It seems that the latest offer, stretching, is the most complex in the wing due to the variable profit distribution rate. Unlike other offers, which offer profit distribution rates that are installed annually by 8 % or 10 %, “expansion” does not have a fixed rate of life. It starts from 9.00 % annual profits, but it gives the strategy the right to control this rate monthly according to certain restrictions, “according to the press statement.

The company says its current intention is to control the monthly regular profit rate annually in order to maintain $ STRC at approximately $ 100 per share.

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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

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Tristan is a technology journalist and editor -in -chief with 8 years of experience in covering science, technology, financing, politics and business. Before joining Coinspeaker, he wrote for Cointelegraph and TNW.

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