The strategy (MSTR), the largest corporate head of Bitcoin, plans to raise up to $ 4.2 billion through the sales of a series of recently issued favorite shares, according to a presentation on Thursday before the United States stock and values commission.
The offer occurs a few days after the company sold almost $ 2.5 billion in Strc, or “stretching”, investors and shares debut in the Nasdaq Global Select trade. The shares pay a variable dividend of 9%, adjustable to the company’s discretion to maintain market price stability.
The presentation also coincided with the firm that reports the net income of the second quarter of $ 10 billion driven by Bitcoin pricing during the quarter.
Read more: The strategy won $ 10B in the second quarter in the Bitcoin price gain
