Strategy’s Saylor signals BTC buy as preferred dividend pay date vote looms
Strategy watchers were not disappointed on Sunday as executive chairman Michael Saylor took to social media to signal pending news on changes in the company’s...
Tag : preferred
Tom Lee's Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend
In brief BitMine raised ~$274 million by selling 3.5 million shares of preferred stock at $80/share, less fees. Proceeds will fund Ethereum acquisitions, staking infrastructure,...
Ethereum News Today: BitMine to Raise $300M in Preferred Stock to Buy ETH
In Ethereum News today, BitMine Immersion Technologies filed with the SEC on Wednesday to launch a Series A Perpetual Preferred Stock offering, 3 million shares...
Tom Lee’s BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push
In brief BitMine is seeking to raise up to $300 million for its ETH treasury strategy. The shares would carry a $100 stated amount and...
Bitmine eyes dividend-paying preferred shares, echoing Strategy’s playbook
Ethereum treasury company Bitmine Immersion Technologies is launching a $300 million perpetual preferred stock offering, borrowing a page from Strategy’s financing playbook. Bitmine told the...
Strategy situation ‘out of hand,’ says Arca exec on $15B preferred stock burden
Strategy is facing renewed scrutiny over its preferred stock financing model as investors question whether dividend obligations could eventually pressure the company to sell some...
Strategy Leverages Preferred Stock Issuance for $2 Billion Bitcoin Buy
In brief Strategy purchased 24,869 Bitcoin last week for $2 billion, marking its largest acquisition in nearly a month. The purchase was funded by issuing...
STRC preferred stock investors are mispricing major 'dislocation' risk: Analyst
Investors are mispricing risk for perpetual preferred stocks, like Bitcoin treasury company Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), according to Matt...
Bitcoin Firm Strive Unveils Daily Dividend Payments for SATA Preferred Shares
In brief SATA is set to become the first U.S. security to pay cash dividends every business day starting June 16. Strive reported a first-quarter...
Bitcoin Firm Metaplanet Posts $725 Million Loss, Delays Preferred Share Offerings
In brief Metaplanet reported a first-quarter loss of $725 million, a sharp widening compared to $31 million last year The company reported a jump in...