$BNB

Strategy launches Bitcoin actions with a fixed value of 100 dollars to increase reserves.

Strategy aims to launch an asset similar to a synthetic stablecoin, which will allow the company to absorb more fiat money to convert it into Bitcoin capital.

Strategy, the largest company in the world holding Bitcoins, is going to launch a new type of stock offering aimed at raising more funds to invest in the world's first cryptocurrency.

Strategy, led by Michael Saylor, has announced its plans to conduct an initial public offering of 5 million shares of Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock (STRC).

Strategy will use the net proceeds for "general corporate purposes, including the acquisition of Bitcoin and working capital," as announced on Monday.

Unlike previous offerings, the STRC shares will accumulate cumulative dividends at a variable rate on the stated amount of 100 dollars per share. The initial monthly dividend will be 9% per annum.

The announcement comes two weeks after Strategy announced a $4.2 billion at-the-market (ATM) offering on July 7, which functions as a capital-raising mechanism designed to allow the company to sell newly issued shares to buy more bitcoins BTC.