Business intelligence firm Strategy plans to offer 5 million shares of its Series A Perpetual Strife Preferred Stock to finance the acquisition of Bitcoin, utilizing net proceeds for general purposes including working capital. The stock will accumulate cumulative dividends at 10% annually, with dividends paid quarterly starting June 30, 2025. The plan follows the company’s recent purchase of 130 Bitcoin for $10.7 million, which is its smallest recorded purchase since 2020. Overall, Strategy has accumulated 499,226 BTC at an average price of $66,360 per BTC, and is the largest corporate holder of Bitcoin globally, currently valued at around $41.1 billion despite recent market volatility. The company continues to explore ways to increase its holdings, as it approaches the milestone of 500,000 BTC, representing 2.38% of total Bitcoin supply.

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