Strive raising $500 million to buy additional bitcoin with new preferred share class
SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).
Key Takeaways
- SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi
Wall Street’s $110 Billion Bond Warning: What It Means for Stocks and Bitcoin
Harley Bassman warns a 6% 20-year Treasury yield could unleash $110B in selling. See what it means for Bitcoin and stocks. The post Wall Street’s $110 Billion Bond Warning: What It Means for Stocks and Bitcoin appeared first on BeInCrypto.
Bitcoin defies $800 million crypto wipeout as South Korea’s AI stock market crashes
Bitcoin rebounded above $83,000 on Tuesday despite a sharp Asian stock selloff, as cryptocurrency liquidations exceeded $800 million. BTC recovered after briefly slipping below $81,000, while semiconductor shares continued a deepening rout that sent South…
Dow Jones Indices, DRW and Marex Bring Wall Street Swaps to Canton
S&P Dow Jones Indices, Kaiko, and Derivnex have completed what they describe as the first privately negotiated financial swap on Canton Network, a blockchain designed for large financial institutions. Trading firms DRW and Marex carried out the transaction…