MicroStrategy continues to "All-in" Bitcoin: Raising 500 million USD to strengthen accumulation!
The cryptocurrency market is receiving another extremely positive signal from #MicroStrategy , the pioneering company in the Bitcoin accumulation strategy. MicroStrategy just announced plans to raise 500 million USD through the issuance of 5 million new preferred shares (STRC Stock), priced at 100 USD/share. This enormous amount will be used to purchase more Bitcoin and fund the company's operations.
The special feature of #STRC Stock is the monthly cash dividend, starting at 9% per year, demonstrating MicroStrategy's efforts to attract institutional investors. The participation of major banks such as Morgan Stanley, Barclays, Moelis & Co. and TD Securities in supporting this issuance further affirms traditional finance's confidence in MicroStrategy's Bitcoin strategy.
This move solidifies MicroStrategy's leading position in integrating Bitcoin into the company's treasury, while also demonstrating the increasing acceptance of Bitcoin as a strategic asset. This is great news, providing momentum for the cryptocurrency market amid a continuous influx of institutional money. $BTC