🥳Strategy™ offers preferred shares to buy more Bitcoin
On June 2, Strategy™ (formerly MicroStrategy) announced the issuance of 2.5 million preferred shares STRD, with an interest rate of 10% per year, to raise funds for general purposes, including purchasing more Bitcoin.
The shares will pay non-mandatory dividends, starting from September 30, 2025.
The initial liquidation value is 100 USD/share and will be adjusted daily based on the latest trading price or the average price over the last 10 trading sessions.
The offering is conducted through registration with the SEC, underwritten by Barclays, Morgan Stanley, and major banks.
Strategy™'s new move continues to affirm the company's long-term strategy of accumulating Bitcoin as a core asset.
