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Strategy plans to offer five million shares with new preferred stock to purchase additional Bitcoin

  • The shares will accumulate cumulative dividends at a fixed rate of 10% each year
  • Strategy said that dividend payments will begin paying out on June 30, 2025
  • To date, Strategy holds under 500k Bitcoin, valued at over $40 billion

Strategy is planning to offer five million shares of the company’s Series A perpetual strife preferred stock, $STRF, as it works on acquiring more Bitcoin.

In an announcement, Michael Saylor’s Strategy said it intends to use the proceeds for “general corporate purposes,” including the “acquisition of Bitcoin.” However, it noted that this was “subject to market, and other conditions.”

According to the company, the shares will accumulate cumulative dividends at a fixed rate of 10% per year. Dividends will be paid out beginning on June 30, 2025 “out of funds legally available for their payment,” Strategy said.

Raising funds for Bitcoin

The news comes as Strategy announced earlier this month that it’s planning to issue and sell shares of up to $21 billion in its at-the-market (ATM) program.

Through selling shares of its 8.00% Series A perpetual strike preferred stock, $STRK, Strategy said the additional capital will be used for general corporate operations, including the purchase of more Bitcoin.

The latest news also follows a recent Bitcoin purchase Strategy made in an announcement yesterday. In a post on X, Saylor said it had acquired 130 Bitcoin for $10.7 million at an average price of $82,981 per Bitcoin.

To date, Strategy now holds 499,226 Bitcoin, valued at $40.92 billion, according to SaylorTracker.com.

Peter Schiff, a long-time opponent of Bitcoin, commented on Saylor’s tweet, saying: “Is that all you bought?  Seems like you are running out of fire power.”

Crypto prices decline

News of Strategy’s recent Bitcoin purchase and its share offering comes as crypto prices across the market have seen a sharp decline.

At the time of publishing, Bitcoin is trading around $81,000, a substantial drop from its all-time high of $109,000 reached in January ahead of US President Donald Trump’s inauguration.

Market conditions and geopolitical issues continue to impact prices despite Trump signing an executive order in March to create a Strategic Bitcoin Reserve.

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Crypto market sees over $230 million in liquidations

The crypto market continues to struggle with downward pressure, with over $230 million in liquidations recorded in a single day.

Per data from Coinglass, total liquidations were up 157% in the past 24 hours. Over this period, more than 95,478 traders had been liquidated.

At the time of writing, the total liquidations stood at $232 million. Data showed the largest single liquidation order coming in on Binance for an ETH/USDT position valued at $5.59 million.

ETH, XRP and SOL liquidations

The crypto market’s total capitalization stands at $2.8 trillion, with Bitcoin’s dominance at 58.9%.

However, the latest wave of liquidations has hit traders hard, particularly those convinced the price was on the upward mend.

With leveraged positions largely longs, most of the rekt positions were bullish bets. Coinglass data shows over $73 million and nearly $44 million are for Bitcoin and Ethereum.

XRP and Solana also witnessed huge liquidation.

Crypto price outlook

As noted, Bitcoin (BTC) saw over $73 million in liquidations.  This followed another massive short position for BTC, with a whale taking a 40x leverage. The whale’s liquidation is above $86,000. BTC price currently hovers around $83,316. What happens to the whale?

Crypto trader and analyst Ash Crypto notes an announcement from Strategy founder Michael Saylor buying more BTC could see the $380 million whale record substantial losses.

“If Saylor announces that he is buying $2 billion Bitcoin soon or even hints it, $380 million 40x short whale will get liquidated in a single candle,” the analyst posted on X.

Another analyst shared:

Currently, Bybit, Binance and OKX lead the total liquidations mark.

As bulls plot to fell the bears, the rising liquidations underscore the risks of leverage. In a volatile market, millions or even billions could get wiped out in hours.

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Bitcoin Pepe presale nears $5M as Bitcoin price rebounds

  • Bitcoin Pepe presale nears $5M as Bitcoin (BTC) hits $85,263.
  • Whales are buying BTC en mass, boosting confidence in Pepe’s L2 vision.
  • The current Bitcoin Pepe presale price of $0.0281 offers a great entry point before the anticipated Q2 listing.

As Bitcoin’s price rebounds, hitting an intraday high of $85,263.29 on CoinMarketCap and reclaiming its 200-day moving average, the crypto market is buzzing with renewed energy. Amid this rebound, Bitcoin Pepe, a pioneering layer 2 solution building Solana-style scalability on Bitcoin, is closing in on a $4.9 million presale haul.

With the world’s only Bitcoin meme ICO going viral, investors are eyeing a massive upside as BTC bulls regain momentum and whales accumulate during the dip.

Bitcoin’s rally fuels meme coin momentum

Bitcoin’s climb to $85,263.29, up 4.9% in just 24 hours, reflects a broader risk-on sentiment sweeping both crypto and traditional markets. The S&P 500 and Nasdaq rose 1.7% and 2.3%, respectively, signaling a return of investor confidence.

This backdrop couldn’t be timelier for Bitcoin Pepe, now in Stage 7 of its 30-stage presale. Priced at $0.0281, each stage brings a 5% price hike, offering early adopters like those in Stage 1 a 33.8% gain already—hinting at Solana’s early days when it soared from $0.22 in 2020.

As short-term BTC holders panic-sell at a loss, Bitcoin Pepe’s vision of uniting memes on BTC’s secure foundation is striking a chord.

The project’s audited smart contracts and doxxed team add credibility to its bold claim of transforming Bitcoin into the future home of meme coin trading.

With whales snapping up BTC during this dip, as noted by trader Quinten Francois on X, the market’s big players seem to share a bullish outlook.

Amid this whale accumulation, Bitcoin Pepe’s PEP-20 token standard promises to spark a token creation boom on BTC, much like Ethereum’s ERC-20 did, positioning it to capture the $2 trillion of dormant BTC capital ready to flood into meme mania.

Presale urgency grows with market shifts

With $4,879,100 raised and counting, Bitcoin Pepe’s presale is heating up as it approaches its Q2 2025 listing. The current Stage 7 price of $0.0281 jumps to $0.0295 in Stage 8, and savvy investors are rushing to lock in gains before the next increase.

This urgency aligns with market trends—analyst Bob Loukas predicts Bitcoin (BTC) and stocks have “more room to run” after bouncing from oversold levels.

For Bitcoin Pepe, this could mean a perfect storm: a strengthening BTC paired with a layer 2 poised to deliver Solana-speed transactions and ultra-low fees.

The project’s staking rewards further sweeten the deal, offering holders passive income with APYs up to 10,000% for long-term pools, blending boomer security with zoomer gains.

As Bitcoin reasserts its dominance, Bitcoin Pepe’s mission to onboard the next billion users through a retail-friendly, meme-driven experience feels more attainable. Investors joining now, ahead of the Q2 DEX and CEX listings, are betting on a future where BTC isn’t just digital gold but the epicenter of meme coin chaos.

To learn more, visit the official Bitcoin Pepe website.

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REX Shares launches REX Bitcoin Corporate Treasury Convertible Bond ETF

  • REX Shares has launched BMAX ETF for Bitcoin treasury bonds.
  • BMAX offers debt stability and equity upside via Strategy.
  • The fund carries risks like volatility and regulatory scrutiny.

On March 14, 2025, REX Shares, a Miami-based innovator in exchange-traded products, unveiled a groundbreaking financial instrument: the REX Bitcoin Corporate Treasury Convertible Bond ETF, trading under the ticker NASDAQ: BMAX.

This first-of-its-kind fund offers investors a unique opportunity to tap into convertible bonds issued by companies that hold Bitcoin (BTC) on their balance sheets.

With Bitcoin’s price climbing 2.1% to $83,400 and Strategy (formerly MicroStrategy) gaining 5.1% in morning trading on launch day, the timing underscores growing interest in Bitcoin-linked corporate strategies.

A convertible Bitcoin treasury bond for retail investors

The concept behind BMAX traces back to a playbook pioneered by Michael Saylor, Chairman of Strategy. His company famously began stacking Bitcoin on its balance sheet, funding the purchases partly through convertible bonds and new stock offerings.

Other firms followed suit, creating a niche asset class that blends the stability of debt with the growth potential of equity.

However, until now, these bonds were largely out of reach for individual investors, locked behind complex market barriers. BMAX changes that, packaging this strategy into a single, actively managed ETF that simplifies access for retail investors and advisors alike.

Greg King, CEO of REX Financial, hailed the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF as a milestone. “BMAX is the first ETF giving everyday investors a shot at convertible bonds tied to companies embracing Bitcoin as a treasury asset,” he said.

With over $6 billion in assets under management, REX is no stranger to alternative-strategy ETFs, and BMAX fits squarely into its mission of delivering innovative exposure. The fund’s concentrated focus zeroes in on issuers like Strategy, a heavyweight in Bitcoin-backed debt, offering a regulated way to ride the crypto wave without directly owning Bitcoin.

What sets BMAX apart is its hybrid appeal. Convertible bonds, by nature, carry traits of both debt and equity. They provide a steady income stream like traditional bonds but can convert into stock, capturing upside if the issuing company’s share price soars—say, on a Bitcoin rally.

For investors wary of Bitcoin’s wild price swings, BMAX offers a more conservative entry point, balancing debt’s relative calm with equity’s potential kick. It’s a middle ground for those intrigued by crypto but hesitant to dive in headfirst.

BMAX’s risks

Still, BMAX isn’t without its hazards. The fund’s prospectus lays out a laundry list of risks, from Bitcoin’s notorious volatility to the unique challenges faced by companies like Strategy.

These “Bitcoin Corporate Treasury Companies” grapple with speculative hype, regulatory scrutiny, and accounting quirks—like impairment losses when the Bitcoin (BTC) price dips.

Strategy, a key holding due to its outsized market cap, adds its own layer of risk, tied to both its Bitcoin hoard and its legacy software business.

Interest rate shifts, liquidity concerns, and even tax implications (BMAX is taxed as a C-corporation, unlike most ETFs) further complicate the picture.

However, despite the risks, BMAX signals a maturing crypto market where indirect exposure is gaining traction. Distributed by Foreside Fund Services, LLC, and backed by REX’s expertise, the ETF opens a door to a strategy once reserved for institutional players.

As Bitcoin cements its role in corporate treasuries, BMAX offers a fresh lens on the intersection of traditional finance and digital assets—proving that innovation, even in ETFs, keeps pace with a fast-evolving world.

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