Strategy Considers $4.2 Billion Bitcoin Purchase Funded by Stock Sales Amid Accumulation Pause
The post Strategy Considers $4.2 Billion Bitcoin Purchase Funded by Stock Sales Amid Accumulation Pause appeared on BitcoinEthereumNews.com. Strategy, led by Michael Saylor, is set to execute a significant $4.2 billion Bitcoin acquisition funded through a strategic stock offering. This move follows a brief pause in Bitcoin purchases and involves issuing a 10% dividend-paying Series A Perpetual Stride Preferred Stock (STRD) on Nasdaq. According to COINOTAG, the proceeds will bolster Bitcoin holdings, cover dividends, and support operational costs, underscoring Strategy’s continued commitment to BTC accumulation. Strategy announces a $4.2B stock offering to fund Bitcoin purchases, reinforcing its position as the largest corporate BTC holder with over 597,000 coins. ‘, ‘
The post Strategy Considers $4.2 Billion Bitcoin Purchase Funded by Stock Sales Amid Accumulation Pause appeared on BitcoinEthereumNews.com.
Strategy, led by Michael Saylor, is set to execute a significant $4.2 billion Bitcoin acquisition funded through a strategic stock offering. This move follows a brief pause in Bitcoin purchases and involves issuing a 10% dividend-paying Series A Perpetual Stride Preferred Stock (STRD) on Nasdaq. According to COINOTAG, the proceeds will bolster Bitcoin holdings, cover dividends, and support operational costs, underscoring Strategy’s continued commitment to BTC accumulation. Strategy announces a $4.2B stock offering to fund Bitcoin purchases, reinforcing its position as the largest corporate BTC holder with over 597,000 coins. ‘, ‘
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