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Michael Saylor’s Strategy plans to offer 5M shares to buy more Bitcoin

March 18, 2025Updated:March 18, 2025No Comments2 Mins Read
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Michael Saylor’s Strategy plans to offer 5M shares to buy more Bitcoin
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Michael Saylor’s Strategy plans to offer 5M shares to buy more Bitcoin

Enterprise intelligence agency and Bitcoin investor Technique plans to supply 5 million shares of the corporate’s Collection A Perpetual Strife Most well-liked Inventory and use the proceeds to buy extra Bitcoin. 

In an announcement, the corporate mentioned it intends to make use of the proceeds for common functions. This consists of its working capital and “acquisition of Bitcoin.” Nevertheless, the corporate mentioned that is nonetheless topic to market and different circumstances. 

In accordance with Technique, the inventory will accumulate cumulative dividends at 10% yearly. The corporate additionally famous that stockholders would obtain dividends on the inventory quarterly, beginning on June 30, 2025. 

Technique mentioned it might purchase again all of this inventory for money if the entire variety of shares left available in the market drops beneath 25% of the issued quantity.