Prix de Monsterra (MSTR)MSTR

Strategy’s (Nasdaq: MSTR/STRK) cumulative dividends will accrue at 10% annually on a $100 stated value per share, payable quarterly starting June 30, 2025. Unpaid dividends trigger compounded rates starting at 11% annually, increasing by 1% each quarter up to 18%. Dividends are declared at the board’s discretion and paid in cash. Strategy said it may redeem all shares if outstanding stock falls below 25% of the original issuance or due to tax events. The redemption price includes the liquidation preference—initially $100 per share—adjusted daily based on the highest of the stated amount, recent sale prices, or a 10-day trailing average. Holders can demand repurchases at par plus unpaid dividends if a “fundamental change” occurs. Morgan Stanley, Barclays, Citigroup, and five other firms are joint book-runners. The SEC-registered offering follows a prospectus filed Feb. 18, 2025. Proceeds will fund general corporate needs, including bitcoin purchases and working capital. Strategy, formerly Microstrategy, holds bitcoin as its primary treasury reserve asset. The company holds 499,226 BTC after a $10.7 million purchase that took place in mid-March. While BTC has been down in value, Strategy’s cache of BTC is still up by 27%. With the fresh new capital, Strategy’s stash of bitcoin is likely to climb over the 500,000 BTC range in the near future. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Strategy announces pricing of its Strife Perpetual Preferred Stock ($STRF) Offering and upsizes the deal from $500M to $722.5M $MSTR

Michael Saylor’s new “Strike” $STRF offering is raising eyebrows. With a 10% fixed dividend (compounding to 18% if unpaid) and a $100 liquidation preference, its aggressive structure signals a strong need for liquidity. If Strategy $MSTR were forced to liquidate, it could…

The U.S. Securities and Exchange Commission (SEC) opened the floodgates to institutional bitcoin ( BTC) adoption in 2024 when it approved the first spot bitcoin exchange-traded funds (ETFs), and on Thursday, Solv Protocol, a bitcoin staking platform, finalized a $10 million “Bitcoin Reserve Offering” to take advantage of the rapidly growing institutional appetite for BTC. Bitcoin’s inventor, Satoshi Nakamoto, envisioned the cryptocurrency as digital cash, but its disinflationary issuance schedule coupled with its astronomical price appreciation have morphed the asset into digital gold, a safe haven asset that shrewd investors buy and hold to preserve and build wealth. There’s only one problem with holding bitcoin, it doesn’t generate yield. Sure, its price appreciation is unmatched, but investors only realize profits if they sell their BTC. Solv Protocol was designed as a solution to this conundrum by offering staking yield to institutions holding bitcoin, and the $10 million the firm raised will be used to implement various yield-generating strategies. “When institutions put their bitcoin into our bitcoin reserve, we won’t let it be idle,” Solv co-founder Ryan Chow told Bitcoin.com in an interview. “We will deploy it into BTC yield-generating vehicles.” Chow explained that institutions deposit bitcoin with Solv and in return receive yield-bearing instruments resembling convertible bonds. “It’s very similar to Strategy,” Chow explained, referring to how the software company turned bitcoin treasury firm Strategy (MSTR) has frequently financed its bitcoin purchases by issuing debt via convertible bonds. He also provided examples of assets Solv invests in to generate yields high enough to attract institutional investors. Stablecoins such as Ethena’s USDe are on the menu. USDe is currently offering a 4% yield according to the Ethena website, but the stablecoin has offered returns as high as 56% in the past. Solv also purchases other stablecoins that can be used to invest in different types of crypto assets. (Ethena’s USDe has peaked at roughly 56% APY in the past / DeFi Llama) “We use the BTC as a pledge to borrow stablecoins, and then we invest the stablecoins in all those other ways.” Chow explained. Solv hopes to conduct additional fundraising rounds for its reserve. Chow said the firm has already attracted a few big names, which he declined to disclose. However, he claims large players in the crypto space have already committed funds for subsequent rounds. “We cannot disclose their names,” Chow explained. “But for the follow-up rounds like round two, round three, we already have a lot of institutions that [have] committed in the pipeline.” 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Business intelligence firm Strategy, formerly known as MicroStrategy, said today it had acquired 130 Bitcoin for $10.7 million at an average price of $82,981 per coin between March 10 and March 16. The company resumed Bitcoin acquisitions after a two-week pause, following the purchase made in the week ending February 23. Last week’s acquisition was the smallest since April, according to data from Bitcoin Treasuries. According to Strategy’s latest disclosure with the SEC, the purchase was funded by proceeds from the sale of 123,000 shares of Strategy’s 8.00% series A perpetual strike preferred stock (STRK Shares), which generated approximately $10.7 million in net proceeds. The company confirmed that no Class A common stock was sold during the same period. The company’s total Bitcoin holdings now stand at 499,226 BTC, valued at over $41.6 billion. Strategy’s co-founder and executive chairman Michael Saylor said the company’s total holdings were purchased at an average price of $66,360 per BTC, including fees and expenses. The firm currently holds more than 2% of Bitcoin’s total 21 million supply. The company’s shares (MSTR) closed Friday up 13% at around $297, having gained more than 77% over the past year, according to Yahoo Finance data . The stock is trading slightly lower in pre-market trading today.