Press ESC to close

Strategy announces 10% preferred stock offering to buy more Bitcoin

Cointelegraph.com NewsStrategy has announced the pricing of its latest round of perpetual preferred stock, which the company does before announcing more Bitcoin (BTC) acquisitions.According to Strategy, the latest round of preferred stock will be sold at $85 per share, with a 10% coupon, and will bring the company approximately $711 million in revenue.Market analyst Jesse Myers said that the annual 11.8%… 

​Strategy has announced the pricing of its latest round of perpetual preferred stock, which the company does before announcing more Bitcoin (BTC) acquisitions.According to Strategy, the latest round of preferred stock will be sold at $85 per share, with a 10% coupon, and will bring the company approximately $711 million in revenue.Market analyst Jesse Myers said that the annual 11.8%… 

Leave a Reply

Your email address will not be published. Required fields are marked *