The strategy plans to massively extend its latest StRC offers from $ 500 million to $ 2 billion, aimed at buying more bitcoin. Several investment banks like Morgan Stanley would be interested in buying.
The company aims to hold 1 million BTC, and new sales of action is the best way to achieve this objective. Bitcoin recently reached a record level, but Microstrategy does not plan to slow down purchases.
The most recent Bitcoin game of the strategy
The strategy has a long record to be one of the biggest Bitcoin holders, or even inspiring dozens of companies in the world to follow on its traces.
Yesterday, the company unveiled its Turbocharge acquisition plans, aimed at holding 1 million BTC. Today, a new Bloomberg The report shows the new Strategy efforts to achieve this objective: to increase its last sale of shares from $ 500 million to $ 2 billion.
To be clear, the strategy has made numerous Bitcoin purchases in recent days, leading the global acquisition of the BTC despite hordes of competing companies. However, this report is somewhat unorthodox for several reasons.
The latest press release from the company deals with the initial offer of $ 500 million and the strategy published it a few days ago. Since then, neither the company nor Michael Saylor have commented on this upgrade of $ 2 billion, although the two parties have been active on social networks.
The strategy plans to sell shares of its new Stretch actions (STRC) at $ 90 each, which an anonymous spokesperson called a reduced value.
As always, the strategy intends to use these sales to buy more bitcoin. Several eminent companies, such as Morgan Stanley, Barclays PLC and TD Securities, are in talks to buy these offers.
A card house?
Currently, the strategy holds 607,770 BTC, which is worth around $ 72.4 billion at current Bitcoin prices. To date, the token is doing quite well, reaching a summit of all time earlier this month.
Nevertheless, growth seems to slow down, and some warning signs may indicate a possible stagnation.
If a sudden body occurs, many overwhelmed companies may be forced to unload their BTC. The strategy, as a first corporate bitcoin treasure, could be a particularly powerful market engine.
According to Bloomberg, Strc is one of the five different action offers that the strategy currently offers. All are based on the long -term growth of the BTC.
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