#TrumpTariffs Strategy issues $4.2 billion and marks the pace of institutional adoption of Bitcoin.
$BTC 🟠🟠🟠🟠🟠✨
#DayTradingStrategy The company Strategy has launched a program for the sale of perpetual preferred shares Series A Stride (STRD) with a yield of 10%, aiming to raise up to $4.2 billion. The issues will be carried out progressively through a market program (ATM), depending on market conditions.
The company will allocate the funds for general corporate purposes, including increasing its Bitcoin reserves and strengthening its working capital. The payment of dividends linked to other preferred share issues is also contemplated.
However, the firm led by Michael Saylor has temporarily paused its Bitcoin purchases, after three months of continuous acquisitions. It currently holds 597,325 BTC, with a total cost of $42.4 billion and unrealized gains of over $22.6 billion, representing nearly 2.8% of the total possible supply of the cryptocurrency.