Editor's PiCK
MicroStrategy Considering Additional Bitcoin Purchase... Pursuing $21 billion Preferred Stock Offering
Son Min
Summary
- MicroStrategy is reportedly pursuing a preferred stock offering of up to $21 billion.
- The purpose of this offering is to raise funds for corporate operations and to purchase Bitcoin.
- Currently, MicroStrategy holds a total of 499,096 BTC with an average purchase price of $66,357.
MicroStrategy appears to be pursuing a preferred stock offering of up to $21 billion (approximately 30.555 trillion won).
According to Unfolded on the 10th (local time), MicroStrategy has submitted an investment prospectus to raise up to $21 billion in 'Series A Perpetual Strike Preferred Stock.' An annual dividend of 8% is expected to be paid.
Unfolded stated, "The purpose of this offering is to raise funds for corporate operations and to purchase Bitcoin."
Meanwhile, MicroStrategy currently holds a total of 499,096 BTC. The average purchase price is $66,357.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
