This figure is a reissue of Marvel Universe (Series 4) #011 Beta Ray Bill.
*After the destruction of his world, Beta Ray Bill travelled the galaxy in search of a new home for his people. A fierce but honorable warrior, he proved himself in battle against Thor and won the battle hammer Stormbreaker from Odin, in recognition of his valor. Armed with this mighty weapon, Beta Ray Bill became a fearsome new threat to the galaxy's darkest evils. The enemies of justice don't stand a chance with your Beta Ray Bill figure in the fight! This immortal superhero figure wields his signature Stormbreaker hammer against the bad guys. Pose his arm to attack with his hammer in the ultimate Avengers combat! Includes figure. *Source: hasbro.com