Strategy Co-Founder Michael Saylor Unveils $4.2 Billion Plan to Bolster Bitcoin Holdings, Enhancing Shareholder Confidence
19 hour ago / Read about 0 minute
Author:小编   

Michael Saylor remains undeterred. The co-founder of Strategy has announced plans to issue an additional $4.2 billion in preferred stock, aiming to amplify investments in Bitcoin. To instill confidence in shareholders, Strategy has pledged not to issue new common stock at a price lower than 2.5 times the net asset value, except in cases where the proceeds are used to service debt interest or preferred stock dividends. Furthermore, Saylor intends to raise funds at a substantial premium and will continue to allocate these funds towards acquiring more Bitcoin.