Strategy (MSTR), the largest Bitcoin corporate owner (BTC), said on Tuesday that it had acquired around 2.4 billion dollars in BTC using the funds of its new privileged action program (STRC).
The company sold nearly $ 2.5 billion in STRCs, also nicknamed “Stretch”, to investors, much more than the $ 500 million initially planned.
STRC, which aims to deliver a regular dividend to investors initially fixed at a rate of 9%, will begin to negotiate Wednesday on the Nasdaq.
With the product, the company bought 21,021 BTC at an average price of $ 117,256, according to a press release. This bears Bitcoin Holdings of Strategy at 628,791 BTC, worth nearly $ 74 billion at current prices.
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