Bitcoin Strategy: 5M Share Offering Launched

Strategy Launches $500M Preferred Stock Offering to Boost Bitcoin Holdings

• Strategy plans to raise $500 million through a preferred stock offering.
• The preferred stock offers a 10% annual fixed dividend rate, with potential increases if unpaid.
• 5 million shares of Series A Perpetual Strife Preferred Stock will be offered publicly.
• Morgan Stanley, Barclays Capital, Citigroup Global Markets, and Moelis & Company are managing the offering.
• Strategy recently purchased 130 Bitcoin at an average price of $82,981 per token.
• Total Bitcoin holdings for Strategy now stand at 499,226 BTC, valued at approximately $41.6 billion.

Strategy aims to expand its Bitcoin holdings by raising $500 million through a new preferred stock offering that includes a fixed dividend rate of 10%, potentially increasing if not paid on schedule. The company has already acquired additional Bitcoin, bringing its total holdings to nearly half a million BTC.