The crypto company BTC has carried out a directed issue of 60,400 preference shares. The subscription price is SEK 120 per share and the company receives a total of SEK 7.2 million. The preference shares pay a dividend of SEK 1 per share per month, which gives a total annual return of 10 percent. The capital received is intended to be used to increase the number of Bitcoin per share in BTC. "The directed issue of preference shares strengthens BTC AB’s balance sheet and provides additional financial flexibility. It enables the company to continue executing its strategy while maintaining a disciplined approach to capital allocation and risk management," says CEO Christoffer De Geer in a comment. BTC has the shareholders’ mandate to carry out the issue, a mandate that was granted in connection with an extraordinary general meeting on October 21. Subscribers are Navtej Singh Garayal and Daniel Robert Fischer.