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.
TD Cowen expects Strategy's new funding round to add 6,700 Bitcoins to its portfolio.
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Author: PA一线
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