Strategy™ has announced plans to issue 5 million shares of Series A Perpetual Strife Preferred Stock in a public offering under the Securities Act of 1933. This move is part of a broader strategy to enhance their investment in bitcoin using the net proceeds aimed at general corporate purposes and increasing working capital.

The preferred stock will carry a 10% annual dividend paid quarterly and is backed by the assurance of cash payments. Dividends are set to accumulate if unpaid compounding quarterly which illustrates the company’s commitment to rewarding investors while aggressively pursuing growth through cryptocurrency.

Investors also have rights under certain conditions to push for repurchase of their shares at the original issue price plus any unpaid dividends showcasing Strategy’s confidence in their fiscal strategy and long-term stability. This strategic maneuver not only strengthens Strategy’s financial footing but also positions it as a pivotal player in the cryptocurrency investment space.

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