MicroStrategy continues "All-in" Bitcoin: Raising 500 million USD to bolster accumulation!
The cryptocurrency market is receiving yet another extremely positive signal from #MicroStrategy , the pioneering company in the Bitcoin accumulation strategy. MicroStrategy has just announced plans to raise 500 million USD through the issuance of 5 million new preferred shares (STRC Stock), priced at 100 USD/share. This massive amount will be used to purchase more Bitcoin and fund the company's business activities.
The special feature of #STRC Stock is the monthly cash dividend, starting at 9% per year, demonstrating MicroStrategy's efforts to attract institutional investors. The involvement of major banks such as Morgan Stanley, Barclays, Moelis & Co. and TD Securities in supporting this issuance further affirms the confidence of traditional finance in MicroStrategy's Bitcoin strategy.
This move reinforces MicroStrategy's leading position in integrating Bitcoin into the company's treasury, while also showcasing the increasing acceptance of Bitcoin as a strategic asset. This is fantastic news, providing momentum for the cryptocurrency market amidst a continuous influx of institutional capital. $BTC
