⚡️Strategy will raise ~ $500 million to purchase bitcoin through stock placement

Company Strategy (formerly MicroStrategy) plans to place an additional 5 million Class A preferred shares at a price of $100 each. All proceeds from the placement will be used for corporate purposes, including the acquisition of bitcoins.

📊 Dividends: The shares will provide fixed dividends of 10% per annum, which will be paid quarterly in cash. The company also reserves the right to buy back some or all of the share issuance.

💰 New purchase:

The company recently acquired 130 BTC for $10.7 million, which is the smallest bitcoin acquisition since the launch of their bitcoin strategy in August 2020.

🔹 Considering the latest transaction, the total accumulated BTC by Strategy amounted to 499,226 BTC.

🔥 The company continues to increase its bitcoin reserves, and this could be an important signal for the cryptocurrency market! Attention, traders and investors!