Strategy raised 715 million dollars and is preparing to buy Bitcoin.

Strategy Inc. has made a remarkable move in the cryptocurrency world by raising 715 million dollars in funding. This financing was achieved through the sale of new “Series A Perpetual Stream Preferred Stock (STRE)” shares, which carry an interest rate of 10%. It has been reported that the company sold a total of 7.75 million STRE shares, with the share price set at 80 euros. Strategy plans to use a portion of the raised funds for Bitcoin purchases, aiming to attract investors' interest with this move.

The sale of the new shares will be completed on November 13. Another noteworthy detail is that the new STRE shares will provide an annual 10% cash dividend payment. Dividend payments will be made every year in March, June, September, and December. If dividend payments are delayed, the interest rate may increase by 1% each quarter, reaching a maximum of 18%.

Strategy has long held Bitcoin as its primary reserve asset and has previously stated that a significant portion of its income has been converted into Bitcoin. With the new financing, the company's cash reserves are expected to increase by approximately 700 million dollars. This suggests that the company is likely to accelerate its Bitcoin purchases.

For institutional investors, these new STRE shares have become a major point of interest. Prominent financial institutions such as Barclays, Morgan Stanley, Moelis & Co., and TD Securities acted as co-agents in the issuance process. This indicates that there is high institutional demand for the new funding step taken by Strategy. In recent weeks, the price of Strategy’s shares has followed a similar trend to the volatility in Bitcoin, and this new funding is seen by investors as a signal that the company will increase its Bitcoin purchases.