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Strategy's New Stock Offering Poised to Supercharge Bitcoin Accumulation
Strategy is unleashing a 5 million-share stock offering, strengthening its bitcoin war chest and pushing its aggressive expansion in the worldโs largest cryptocurrency treasury.
Strategyโs Stock Offering Unlocks More Firepower for Bitcoin Expansion
Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, announced on March 18 that it plans to offer 5,000,000 shares of its newly introduced Series A Perpetual Strife Preferred Stock (STRF). The offering is subject to market conditions and will be conducted as a public offering under the Securities Act of 1933. The company explained:
Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital.
This move aligns with the companyโs aggressive bitcoin accumulation strategy, solidifying its position as the worldโs largest publicly traded bitcoin treasury.
The perpetual strife preferred stock comes with a fixed annual cumulative dividend of 10.00%, payable quarterly in arrears. If dividends are not paid on time, they will accrue additional compounded dividends, starting at an annual rate of 11.00% and increasing by 100 basis points per year up to a maximum rate of 18.00%. Additionally, Strategy has reserved the right to redeem all outstanding shares of the perpetual strife preferred stock under certain conditions, including if the total outstanding falls below 25% of the originally issued shares.
This announcement followed another on March 17, where Strategy disclosed that it had acquired 130ย BTC,ย raising its bitcoin holdingsย to 499,226ย BTC. The company also noted that as of March 16, approximately $20.99 billion worth of STRK shares remained available for issuance and sale.
Michael Saylor, Strategyโs co-founder and executive chairman, remains a strong advocate for bitcoinโs potential. Saylor forecasts that bitcoin could reach $13 million by 2045, with a bullish scenario pushing its price to $49 million and a bearish outlook placing it at $3 million. He recently engaged with regulators, including theย SECโs Crypto Task Forceย and theย U.S. House Financial Services Committee, and attended theย White House Crypto Summitย hosted by President Donald Trump, where he presented hisย crypto asset framework. Saylor further predicts that bitcoinโs market capitalization could soar toย $200 trillion, with an annual growth rate of 20%. He also asserts that a Strategic Bitcoin Reserve could generate between $16 trillion andย $81 trillionย for the U.S. Treasury by 2045, potentially offsetting national debt.
#binance #wendy $BTC
Strategyโs Stock Offering Unlocks More Firepower for Bitcoin Expansion
Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, announced on March 18 that it plans to offer 5,000,000 shares of its newly introduced Series A Perpetual Strife Preferred Stock (STRF). The offering is subject to market conditions and will be conducted as a public offering under the Securities Act of 1933. The company explained:
Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of bitcoin and for working capital.
This move aligns with the companyโs aggressive bitcoin accumulation strategy, solidifying its position as the worldโs largest publicly traded bitcoin treasury.
The perpetual strife preferred stock comes with a fixed annual cumulative dividend of 10.00%, payable quarterly in arrears. If dividends are not paid on time, they will accrue additional compounded dividends, starting at an annual rate of 11.00% and increasing by 100 basis points per year up to a maximum rate of 18.00%. Additionally, Strategy has reserved the right to redeem all outstanding shares of the perpetual strife preferred stock under certain conditions, including if the total outstanding falls below 25% of the originally issued shares.
This announcement followed another on March 17, where Strategy disclosed that it had acquired 130ย BTC,ย raising its bitcoin holdingsย to 499,226ย BTC. The company also noted that as of March 16, approximately $20.99 billion worth of STRK shares remained available for issuance and sale.
Michael Saylor, Strategyโs co-founder and executive chairman, remains a strong advocate for bitcoinโs potential. Saylor forecasts that bitcoin could reach $13 million by 2045, with a bullish scenario pushing its price to $49 million and a bearish outlook placing it at $3 million. He recently engaged with regulators, including theย SECโs Crypto Task Forceย and theย U.S. House Financial Services Committee, and attended theย White House Crypto Summitย hosted by President Donald Trump, where he presented hisย crypto asset framework. Saylor further predicts that bitcoinโs market capitalization could soar toย $200 trillion, with an annual growth rate of 20%. He also asserts that a Strategic Bitcoin Reserve could generate between $16 trillion andย $81 trillionย for the U.S. Treasury by 2045, potentially offsetting national debt.
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