Strategy increased holdings of 4980 Bitcoins, with diversified sources of funds.

robot
Abstract generation in progress

On June 30, according to reports, Strategy (formerly MicroStrategy) acquired 4,980 Bitcoins (totaling $531.9 million) funded by the proceeds from the sale of its Class A common stock MSTR, convertible preferred stock STRK, and perpetual Strife preferred stock STRF through ATM (issuance at market price). Last week, Strategy sold 1,354,500 shares of MSTR stock for approximately $519.5 million. The company stated that as of June 29, there were still $18.1 billion worth of MSTR shares available for issuance and sale under the plan.

The Strategy company also sold 276,071 shares of STRK stock for approximately $28.9 million, with an issuance value of $20.5 billion in STRK stock still available for issuance and sale under the plan. Meanwhile, the company sold 284,225 shares of STRF stock for $29.7 million, with a remaining quota of $1.9 billion under the plan.

Strategy company's STRK and STRF perpetual preferred stocks have ATM issuance plans of $21 billion and $2.1 billion respectively, which are supplementary to the company's "42/42" plan. The "42/42" plan aims to raise $84 billion through equity issuance and convertible notes for Bitcoin acquisition (originally a $42 billion plan, which was expanded after the equity portion was exhausted), with a target completion deadline of 2027.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 7
  • Share
Comment
0/400
gas_fee_therapistvip
· 11h ago
The gambling dog family has added new members.
View OriginalReply0
ChainMelonWatchervip
· 11h ago
Siller is buying quite aggressively...
View OriginalReply0
ChainSauceMastervip
· 11h ago
A gambler never looks back.
View OriginalReply0
BearMarketLightningvip
· 11h ago
So ruthless, it's the true nature of a gambler.
View OriginalReply0
BlockchainTalkervip
· 11h ago
actually can't stop stacking those sats...bullish af
Reply0
tx_pending_forevervip
· 11h ago
I feel happy when I see numbers
View OriginalReply0
MoonBoi42vip
· 11h ago
Saylor is playing big again.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)