Microstrategy has announced plans to raise additional funds to expand Bitcoin through a general offer of Strike Preferred Stock (STRK), according to January 27. statement.
The company aims to issue 2.5 million shares of preferred shares in the series A, taking into account the regulatory approval and the prevailing market conditions.
Display revenues will support corporate operations, including bitcoin and working capital acquisitions.
Each arrow holds a preference for $ 100 to liquidate and will accumulate fixed price profits, quarterly payment, starting from March 31, 2025. Payments can be made in cash or shared shares of Class A or a mixture of the two.
Favorite stock shareholders can convert their property to normal A. Class shares under specific circumstances.
The company, which is led by Michael Silor, also reserves the right to recover the stocks if the liquidation preference decreases to less than 25 % of the initial problem or if some scenarios related to tax appear.
The redemption prices will work in any unpaid profits, or, for tax -based recovery, the largest filter preferences or the average calculated trading price.
This approach provides investor opportunities linked to the growth of Bitcoin while allowing Microstrategy to enhance treasury assets.
Bitcoin analyst Dylan Licerier Described The offer as an advanced financial tool that combines 8 % profit dividends with 10: 1 transfer rate and the price of the strike at a value of $ 1,000.
He added that the arrow works effectively as a permanent option for calls, which provides investors with regular profits without a due date.
Recent developments
The latest Microstrategy offers follows its decision to recover a $ 1.05 billion chip from 2027 convertible notes.
According to the company, investors can Recovery Notes of nominal value or convert them into a category A by February 24, 2025, at a transfer price of about $ 142 per share.
Before that, the shareholders of the company that focused on Bitcoin agreed to measures to enhance the shares of the AD Approved Class from 330 million to 10.3 billion. In addition, favorite stock permission increased from 5 million to one billion shares.
These efforts are designed to enhance the company’s financial flexibility to gain more main digital assets. Microstrategy is the largest company holder in BTC with 471,107 BTC, at a value of about $ 50 billion in its treasures.
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