Strategy’s Bitcoin Bet: IPO for STRD Stock to Fuel Crypto Purchases 🔥
Strategy is launching an IPO for its Series A Perpetual STRD Stock, aiming to sell 2.5 million shares with a 10% annual dividend to raise cash. The main goal? Buy more Bitcoin and cover general expenses. The stock comes with a $100 per share liquidation preference, adjustable based on market prices, and some redemption perks if certain conditions are met (like low share counts or tax changes). Strategy’s already got a massive Bitcoin stash—499,226 BTC bought at an average of $66,360 per coin—and this move doubles down on their crypto-heavy strategy.
This is a bold play by Strategy. Tying an IPO to Bitcoin purchases shows they’re all-in on crypto as a core asset, which could excite investors who believe in Bitcoin’s long-term value. The 10% dividend is juicy and might pull in income-focused buyers, but the perpetual nature and redemption clauses add complexity—investors need to read the fine print. If Bitcoin keeps climbing, this could look genius; if it tanks, they’re exposed. Risky, but intriguing for crypto bulls.
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