The strategy, the world’s largest corporate owner, introduces a recent type of offer to raise additional funds for further investments in cryptocurrency.
Michael Saylor’s strategy announced plans to carry out the first public offer of 5 million strategy shares variable Series A Perpetual Enterport Access (STC).
The strategy will employ net revenues in “general corporate goals, including the acquisition of bitcoins and working capital”, IT announced on Monday.
Unlike previous offers, the STC shares will accumulate accumulated dividends at a variable rate at a specific amount of USD 100 per share. The initial monthly dividend will be 9% per year.
The advertisement appears two weeks after the strategy of $ 4.2 billion on the market (ATM) on July 7, which operates as a capital collection mechanism designed to enable the company to sell newly issued shares to buy more Bitcoin (BTC).
The recent offer will be available as part of the first public offer (IPO) for “Select Investors”, Saylor he said in Monday.
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STC Dividend Access is a trade similar to synthetic Stablecoin?
The recent strategy offer aims to “adjust the monthly dividend rate annually in such a way that the strategy is aimed at causing the trade in STC shares at prices or similar to the amount of USD 100 per share,” he said.
This mechanism means that the STC supplies are similar to the “new form of financial life” optimized to “transform Fiat into Bitcoin into velocity”, according to the author of Bitcoin Adam Livingston.
“The strategy can adjust the rate every month to keep the $ Stc trade near $ 100 like Synthetic Stablecoin with efficiency,” Livingston wrote on Monday X postAddition:
“You don’t buy shares. You buy a bitcoin cable focused on performance.”
This mechanism will enable the strategy of “attracting Fiat through performance” and “average cost of the dollar to bitcoins”, added the author.
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The recent range of shares was announced shortly after the strategy bought bitcoins worth $ 740 million on Monday, at an average price of $ 118,940 per coin, signaling greater confidence in the trajectory of Bitcoin prices.
According to Adam Back, co -founder and general director of Blockstream and HashCash inventor, Bitcoin -oriented, such as strategy and metaplanet, can bring Bitcoin to become a market mastery worth $ 100 trillion.
“Sustainable and scalable hyperbitcoinization of trade in the amount of 100–200 USD. post.
https://www.youtube.com/watch?v=alc2U0ynfca
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