Bitcoin Billionaires? Strategy’s Latest Move Promises to Make You Rich—or Just Richly Confused 😂
Strategy, that titan of Bitcoin hoarding, has finally decided to sprinkle a dash of theatrics onto its soap opera. On June 2, 2025—mark that date with a big red circle (or a black one, depending on your mood)—it announced plans for an initial public offering. Yes, folks, the grand spectacle of “STRD Stock” is about to unfold. More details? Well, buckle up, because it’s a rollercoaster with more loops than a Bitcoin wallet.
They’re selling 2.5 million shares of STRD—preferred stock for those who love fancy words—and offering a tantalizing 10% annual dividend rate. Ah, but wait—there’s a catch! These dividends won’t be guaranteed. No sir. They’ll only appear if Strategy’s bigwigs decide to throw some coins our way, and if the funds are legally available—because nobody likes unpaid debts, especially when they’re not guaranteed! Think of dividends as a bonus, not a promise—like a Christmas gift that may or may not be wrapped.
Dividends will be paid quarterly, starting September 30, 2025, but don’t hold your breath—they won’t accumulate if missed. No backlog of “what could have been.” Strategy’s clever plan includes using the raised cash to keep the Bitcoin buying frenzy alive and kicking, because what better long-term plan than to hoard assets like a squirrel preparing for winter? And just in case you’re feeling sentimental—there are redemption options, presumably to keep the drama lively.
All in all, it’s a spectacle—future fortune or comedic tragedy? Only time will tell. But one thing is certain: the crypto circus continues, and everyone’s invited! 🎪🤡
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2025-06-03 02:24