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Michael Saylor’s strategy set to raise 711 million USD to fund Bitcoin acquisition

The strategy includes a plan to raise approximately 711 million USD through the sale of preferred stock. The issuance will consist of 8.5 million shares at a price of 85.00 USD each, with funds allocated for Bitcoin acquisitions and corporate needs.

The Series A perpetual preferred stock will provide a dividend rate of 10.00%, accumulating quarterly payments starting from June 30, 2025. The cumulative dividends will enhance the attractiveness of the stock for potential investors.

Major financial institutions, including Morgan Stanley and Barclays Capital, are involved in the offering management, which indicates strong industry backing for the strategy’s implementation.

This is community-generated content, not advice from ONUS.
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