ALWAYS MORE.
Strategy continues its strategy of massive BTC purchases by announcing the issuance of 5 million $ shares to finance its acquisitions. This decision comes as the BTC market experiences a period of stagnation. Despite this, Strategy remains determined to increase its BTC reserves.
In a recent statement, Strategy revealed its intention to issue 5 million shares of Series A Perpetual Strife Preferred Stock. The funds raised will be used for "general purposes," including the purchase of BTC. This announcement follows the acquisition of 130 BTC for $10.7 million, bringing their total holdings to 499,226 BTC.
Despite a recent market correction, Strategy remains largely profitable on its investments. With an average purchase price of 66 360$ per BTC, the company still enjoys a comfortable margin, even though Bitcoin is currently trading around $82,000.
This aggressive buying strategy shows Michael Saylor's confidence in the long-term potential of his favorite crypto. In addition to financing its BTC purchases, Strategy offers attractive dividends to entice investors; the newly issued shares will thus offer cumulative dividends at an annual rate of 10%.
Shareholders will receive these dividends quarterly, starting June 30, 2025. This policy aims to attract more investors, thus strengthening Strategy’s capacity to continue its BTC acquisitions. With this new share issuance, Michael Saylor continues to bet on crypto, despite an uncertain market.
While some observers predict a period of stagnation for Bitcoin, the head of Strategy sees rather a buying opportunity. A strategy that could prove profitable if Bitcoin resumes its upward trend.