Strategy (MSTR), the world’s largest company bitcoin (BTC) proprietor aided by Michael Saylor, has raised its preferred share, offering STRC for $ 2 billion dollars, Bloomberg reported on Thursday.
It is a significant increase from the original plan to issue 5 million shares for $ 100 $ 100 each for a total of $ 500 million announced on Monday. STRC (called “Stretch” of the company) aims to provide a regular dividend to investors who were originally set at a rate of 9%.
According to the Bloomberg report, the company is ready to price the shares for $ 90, a discount on the hoped for $ 100.
MSTR GMON STOCK is slightly changed of the day as Bitcoin continues in a very tight interval around the area $ 118,000.
This latest preferred offer will provide more purchasing power for the company to acquire BTC. Strategy currently has over 607,000 BTC worth approx. $ 72 billion per Bitcointreasuries.net.
Read more: Strategy aims to raise an additional $ 500 million. For Bitcoin -Buy with new favorite series
