The issue of privileged shares with an annual rate of 10% will be made as part of an agreement on the sale that the company has concluded with counterparties TD Securities, Barclays Capital And The Benchmark Companyspecified in Strategy.
Strategy plans to pay dividends on reports on a quarterly, exclusively in monetary form. In addition to buying bitcoins, the company intends to send the received funds for general core purposes, including replenishment of working capital.
This is the second series of output of unlimited privileged stakes Strategy. Earlier, the company sold both them and ordinary shares, and then spent funds, including on replenishment of its first cryptocurrency reserve.
Strategy and other companies that have chosen a similar model of bitcoin accumulation (Metaplanet, Semler Scientific, Twenty One) have become a corporate race for the first cryptocurrency. According to Bernstein brokerage firm, they can accumulate bitcoins for $ 330 billion over the next five years.
Earlier, Standard Chartered experts said the states invest in the first cryptocurrency through the shares of the largest public holder of bitcoins – Strategy.
Source: Bits
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