Summary · Source: CoinDesk

Strive Raises $500M to Buy More Bitcoin with New Preferred Share Class

By Bitcoincryptos ResearchUpdated 5 days ago1 min read

Strive is raising $500 million to buy additional bitcoin with a new preferred share class. The new shares will offer a fixed 15% dividend yield at par. They will also be junior to the company's existing SATA, which pays a variable rate currently at 13%.

Source

"Strive Raises $500M to Buy More Bitcoin with New Preferred Share Class" — CoinDesk

This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.

BTC · 7D · $81,039−3.3%

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