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Mikrotrategy presented plans to issue preferred stocks for fuel against Bitcoin acquisition, after redemption of $ 1.1 billion, strengthening its aggressive investment strategy into digital assets.
Mikrotrategy Force in advance as new fuel financing His Bitcoin Shopping
Software Intelligence Firm MicroDrategy Inc. (NASDAQ: MST) He announced on Monday plans to present 2,500,000 series actions and a continuous strike of the preferred shares through the public offer. The offer, registered in accordance with the Law on Securities from 1933. year and subject to market conditions, is intended for the support of the company’s strategic goals. According to the announcement:
Mikrotrategy intends to use net income from the bid for general corporate purposes, including the acquisition of Bitcoins and for working capital.
The series are provided to the preferred strike will have a $ 100 liquidation preferences per share and charged dividends with a fixed rate paid quarterly from 31. March. Stocks will have the opportunity to convert their shares in classes of common stocks under certain conditions, and microtrategia reserves the right to buy stock in certain situations, such as tax events or when liquidation of outstanding shares fall below 25% of the original issuance. Barclays, Moelis & Company LLC, BTIG, TD Cowen, and Keefe, Bruyette and Woods operate as common bidder managers, while American, Bancroft Capital and Benchmark company served as participants.
This announcement followed the discovery that the microtrate acquired 10,137 Bitcoin for $ 1.1 billion, raising the overall role in 471.107 BTC at an average price of $ 64,511 per bitcoin. According to the SEC, the purchase is funded by selling 2.76 million shares of the Joint Shares between 21. January and 26. January, generating $ 1.1 billion in net income.
Mikrotrategy recently revealed its ambitious “21/21 plan” to collect $ 42 billion over three years for purchases more BTC. The plan includes collecting $ 21 billion in equity and $ 21 billion in fixed income securities. This bold strategy is harmonized with the Executive Chair of Michael Saylor Vidim Bitcoin as a trade and protection of inflation, further strengthening the position of microtrategia as a leader in digital asset investment. He was designing Bitcoin by 2045. until 2045. reach $ 13 million.
