The prominent business intelligence company and the largest company in the world for the Bitcoin strategy has announced plans to provide 5 million arrows of the preferred stock in the A Perpetual Street (PSPS) through a general show. The company plans to use returns for public companies, including working capital and bitcoin acquisition.
However, the supply depends on the market and other conditions, and the company’s accurate use of money will be determined accordingly.
Focus on the Bitcoin acquisition
According to the official presentationThe preferred stocks in the A Strefture Stine chain will provide a fixed annual profit rate of 10 % over the specified amount. These profits will be paid every three months and will start from June 30, 2025, provided that the company council will be announced. If the company fails to pay stock profits on time, it will accumulate and worsen every three months, with an increase in the interest rate to 18 % per year.
The strategy also has the right to recover favorite stocks under certain circumstances, as if they were less than 25 % of the original stocks remained or if specific tax events occur. In the event of a “basic change”, shareholders will have an option to request a strategy to purchase their shares at a cash price equal to the amount announced for the share in addition to any accumulated profits.
The last show comes as part of the strategy plans to expand Bitcoin and strengthen its capital location. Despite the current volatile market conditions, the company said it focuses on using money to develop its bitcoin portfolio. The preferred arrow is designed to attract investors, providing a range of regular and flexible profits for the company.
By following this offer, the strategy aims to enhance its financial position and continue its investments in Bitcoin. The company’s favorite arrow gives the ability to collect capital while providing investors with the possibility of profit distributions, all with the same place for future growth in both traditional currency markets and encryption.
The smallest BTC strategic purchase process
The last announcement comes just one day after the last Bitcoin purchase of the 130 BTC strategy for $ 10.7 million, which represents its smallest acquisition since its initial investment in August 2020. This purchase comes as many believe that the Bitco Bull market has ended.
One of them, the CEO of Cryptoquant Ki Young Ju, expected that Bitcoin would witness from 6 to 12 months of the declining direction or side movement, while other experts indicate weak demand for the largest descendants of encryption in the world after historical running.
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