The strategy (MSTR), the head of Bitcoin Corporate (BTC) of the world led by Michael Saylor, has raised the size of its favorite actions offered by STRC to $ 2 billion, Bloomberg reported Thursday.
That is a significant increase in the original plan to issue 5 million shares for $ 100 $ 100 each per total of $ 500 million announced on Monday. STRC (called “stretching” by the company) aims to deliver a regular dividend to investors, initially established at a rate of 9%.
According to the Bloomberg report, the company is prepared to set the price of shares to $ 90, a discount for expected for $ 100.
Mstr’s common actions are changed little in the day, since Bitcoin continues in a very strict range around the $ 118,000 area.
This last favorite offer will provide more purchasing power for the company to acquire BTC. The strategy currently has more than 607,000 BTC, with a value of approximately $ 72 billion, by Bitcintrease.net.
Read more: the strategy aims to raise another $ 500 million for Bitcoin Buys with the new preferred series
