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SHOCKING: Strategy’s $2.1 BILLION RAID on Bitcoin TREASURY!
HOLD ON TO YOUR CRYPTO! Business giants Strategy (formerly MicroStrategy) have launched a jaw-dropping plan to siphon off a staggering $2.1 billion through a sizzling preferred stock offering! This announcement comes just hours after Bitcoin SHATTERED its all-time high, soaring to an eye-popping $111,861!
Bitcoin BOOM! But Why NOW?
With Bitcoin currently trading around $110,859, the timing couldnโt be more explosive! Strategy is letting it fly by issuing Series A Perpetual Strife Preferred Stock (STRF) via heavyweights like Barclays and TD Securities. This bold move marks their first major fundraising since their rebranding in 2023โand theyโre not holding back on their quest for Bitcoin domination that began back in August 2020!
THE JUICY DETAILS!
- $100.65 per share to kick things off
- 2% commission to cash-hungry agents
- No maturity dateโhold on for dear life!
- 10% sweet annual dividend yield
How Does Strategy Roll?
Currently, Strategy holds a jaw-dropping 576,230 BTC, worth a jaw-slapping $63.9 billion! Thatโs a whopping 2.9% of Bitcoinโs circulating supply! Even though they reported a colossal $4.2 billion loss this past quarter, theyโre not backing down!
Their Bitcoin trove was fueled by a mix of convertible notes, cash flows, and stock compensation.
BITCOIN: A METEORIC RISE!
Bitcoinโs jaw-dropping ascent to $111,861 marks a massive 22.72% monthly gain! Institutional frenzy is igniting the fire, and market analysts are buzzing with excitement about Strategyโs rapid accumulation.
CURRENT BITCOIN STATS:
- Market Cap: $2.2 TRILLION!
- 24H Volume: $48.7 BILLION!
- Circulating Supply: 19.86 MILLION BTC!
Analysts predict that Strategyโs relentless stacking of Bitcoin could send prices ROCKETING due to dwindling liquid supplyโlike a rocket ready to blast off!
Investor ALERT: Unconventional Moves!
By using this innovative preferred stock structure, Strategy positions itself as the largest corporate Bitcoin holder! This could potentially spark a domino effect of institutional interest in the crypto market. Imagine a Bitcoin ETF proxy giving traditional investors a slice of the crypto pie without all the volatility!
PRO TIP: Donโt miss out! Get on the Coin Push app NOW to catch every thrilling twist in the crypto market!
This Is Just the Beginning!
Strategy’s latest fundraising move isnโt just a bold financial strategyโitโs a seismic shift in how traditional finance and crypto will interact! Get ready for a wild ride as the lines blur and fortunes are made! Will you be on the right side of history?
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