TD Cowen expects Strategy's new funding round to add 6,700 Bitcoins to its portfolio.

PANews reported on November 11th that, according to The Block, brokerage TD Cowen stated that Strategy has issued approximately $715 million worth of €700 million in preferred stock, STRE, which is expected to add approximately 6,720 BTC, with an average purchase price of approximately $104,500. After deducting the dilution from dividends over the next 10 years, the net increase will be approximately 4,235 BTC. The year-end BTC benchmark price remains at $141,277 (upward $160,000, downside $60,000). As of now, Strategy holds 641,692 BTC, worth approximately $67 billion.

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Author: PA一线

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