Trump Media & Technology Group (DJT) has obtained Securities and Exchange Commission approval for a landmark $2.3 billion Bitcoin-backed securities registration. The authorization enables the resale of approximately 56 million common shares alongside 29 million shares tied to convertible notes.… Read More »DJT Secures SEC Approval for $2.3 Billion Bitcoin-Backed Equity and Debt Registration
Financial services firm Strategy has launched STRD, its third Bitcoin-backed preferred stock, on the Nasdaq stock exchange. STRD represents Strategy’s latest offering in its series of securities leveraging Bitcoin as underlying collateral. This listing marks the third such preferred stock… Read More »Strategy Launches Third Bitcoin-Backed Preferred Stock STRD on Nasdaq
Michael Saylor’s business intelligence firm Strategy has debuted a novel Bitcoin-collateralized financial instrument on the Nasdaq exchange. The STRD 10% Series A Perpetual Preferred Stock offers investors fixed dividends while leveraging the company’s substantial Bitcoin reserves as underlying security. The… Read More »Strategy Launches Bitcoin-Backed Preferred Stock on Nasdaq with 10% Dividend