The strategy announces the preferred shares to finance additional BTC purchases
Strategy announced today that it had concluded a sales agreement to provide up to $ 21 billion from a permanent strike of the series A Baretual Strike, according to a report by the US Securities and Exchange Committee (SEC).
The shares, which bear a nominal value of $ 0.001, can be converted to the shared shares of the Strategy and will be sold under a market show program (ATM).
$ 21 billion in offer
In its official press releaseThe company stated that supply returns will be used for public companies. This includes the acquisition of additional bitcoin currencies and working capital. Favorite stock sales will be made in the permanent strike over time, and the strategy indicates that the shares will be released “in a disciplined manner”, depending on trading prices and sizes of sizes.
According to the deposit, the favorite stock can be sold through various methods that are compatible with Qaeda 415 (A) (4) of the Securities Law of 1933, in its amended form. This includes market offers, negotiating transactions, and mass trades.
The presentation will be presented by the Appendix of the Bulletin Bulletin submitted on March 10 under the statement of the current automatic shelf of the strategy, which has become valid on January 27 this year.
The strategy is already the largest company holder in Bitcoin, and the revenues of this offer are expected to finance more accumulation of the leading cryptocurrency. The company has previously indicated that the Bitcoin acquisition is still an essential component of its long -term strategy.
Restore strategy
The company recently dropped “Micro” from its name as part of the brand re -process to highlight its focus on Bitcoin and AI as transformational technologies. This came in the fourth quarter -quarter of 2024, which was the largest increase in bitcoin’s quarterly possessions.
From the latest to update According to Bitcoin bonds, the strategy has Bitcoin 499,096 BTC, which is worth about $ 39.87 billion.
Despite the announcement, the strategy shares (MSTR) are traded near $ 252, a decrease of more than 12 % from the previous closure.
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