Michael Saylor’s Strategy Will Expand Preferred Equity Sale To $2 Billion To Purchase More Bitcoin
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13 Articles
MicroStrategy procures $2 billion to buy more bitcoinMicroStrategy is once again raising its bet on Bitcoin. The company announced that it has expanded its current perpetual convertible stock offering from 500 million to $2 billion, with all proceeds destined to buy more bitcoin.The stock in question, STRC, is traded at a price of $90 per share – and large players such as Morgan Stanley and Barclays are reported to keep track of the opportunity.…
Michael Saylor’s Strategy Will Expand Preferred Equity Sale To $2 Billion To Purchase More Bitcoin
The post Michael Saylor’s Strategy Will Expand Preferred Equity Sale To $2 Billion To Purchase More Bitcoin appeared on BitcoinEthereumNews.com. Strategy, the largest corporate Bitcoin holder, increased its preferred equity sale from $500 million to $2 billion, according to a Bloomberg report. The raise escalation reflects strong investor demand as the company continues to raise funds to buy more Bitcoin. JUST IN: Michael Saylor’s Strategy incre…
Strategy to Raise $2.47 Billion via Preferred Share Offering Amid Ongoing Bitcoin Push
The post Strategy to Raise $2.47 Billion via Preferred Share Offering Amid Ongoing Bitcoin Push appeared first on Coinworldstory. Strategy to raise $2.47B from preferred share sale to fund Bitcoin purchases and operations, boosting its crypto-driven financial strategy. The post Strategy to Raise $2.47 Billion via Preferred Share Offering Amid Ongoing Bitcoin Push appeared first on Coinworldstory.
Strategy Raises STRC Offering to $2.5B— A Bold Capital Move
Strategy raises $2.5 billion via STRC to expand Bitcoin holdings and liquidity. STRC offers 9% variable dividend with safeguards to protect par value stability. Redemption terms and repurchase rights offer downside protection for STRC holders. Strategy has priced a $2.5 billion upsized offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). This aggressive financial move reflects a sharpened strategy to strengthen its di…
Strategy Increases Preferred Stock Offering to $2.47 Billion To Support Bitcoin Acquisition Strategy
Strategy has finalized pricing for its initial public offering of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC Stock) at $90 per share. The offering is expected to generate approximately $2.474 billion in net proceeds, with settlement scheduled for July 29th, 2025.The company indicated that the capital will be allocated “for general corporate purposes, including the acquisition of Bitcoin and for working ca…
Key points of the news: Strategy issued more than 28 million STRC shares at $90 each, with a 10% discount on the original price. With this placement, the firm seeks to raise $2,474 million to continue adding Bitcoin without debt. After new purchases for $1,212 million, Strategy already controls 2.9% of the total supply of BTC, equivalent to about 607,770 BTC. Strategy expanded its offer of preferential shares STRC to attract approximately $2,474…
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