Michael Saylor’s MSTR raises more Bitcoin buying capital


Strategies led by Michael Saylor (MSTR) It is expected that its Bitcoin holdings will earn $14.05 billion in more than 500,000 coins as the price of BTC rises from three out of three months on June 30.

The company raised $6.8 billion in net income through various capital market activities in the second quarter According to the filing on Monday morning. As of June 30, Strategy said it retained significant capabilities for future issuances, with $18.1 billion left under 2025 regular ATMs and $1.9 billion left under Strf ATM, according to $20.5 billion under Strk ATM.

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Then Monday morning The strategy has been announced It has entered into a sales agreement that allows it to issue and sell $4.2 billion in its 10% Series A Permanent Preferred Stock (called Strd), called Strd.

The strategy plans to sell Strd shares over time and consider the transaction price and volume of each sale. The proceeds from the ATM program are specifically used for general corporate purposes, including acquisition of Bitcoin

supports working capital needs and is likely to pay dividends to its 10% Series A holder and to the permanent stock preferred stock and 8.00% Series A permanent strike preferred stock.

Since its launch on June 11, Strd shares have risen 6%. On Monday, Bitcoin slipped a hair late last week, trading at $108,300, and MSTR sales fell 1.2%.





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