Strategy (MSTR), the world’s largest Bitcoin (BTC) holder in the world led by Michael Saylor, has raised the size of his privileged actions offering $ 2 billion, Bloomberg reported on Thursday.
This is a significant increase in the initial plan to issue 5 million shares per $ 100 $ 100 each for a total of $ 500 million announced on Monday. STRC (nicknamed “stretch” by the company) aims to deliver a regular dividend to investors, initially fixed at a rate of 9%.
According to the Bloomberg report, the company is ready to assess the shares at $ 90, a discount on the $ 100 hoped.
MSTR’s ordinary actions are little changed by day while Bitcoin continues in a very tight range around the $ 118,000 area.
This last privileged offer will provide more purchasing power to the company to acquire BTC. The strategy currently contains more than 607,000 BTCs, worth around $ 72 billion, by Bitcointreasure.net.
Read more: The strategy aims to collect additional $ 500 million for Bitcoin purchases with new privileged series
