US EditionStrategy Unveils $2.1B At-The-Market Program To Acquire More Bitcoin - Strategy (NASDAQ:MSTR)
- On May 22, 2025, Strategy Inc. Initiated a $2.1 billion at-the-market offering of its 10.00% Series A preferred stock known as Strife during a US webcast presentation.
- The offering was introduced following positive results from the company’s debt-related assets and is intended to raise funds for further bitcoin acquisitions as well as general corporate purposes.
- Strife carries a 10% coupon, trades near $98.80 after gaining 16% from an $85 initial price, and averages $23 million daily volume, far exceeding peers’ liquidity.
- CEO Fong Lee stated confidence in successfully executing the $2.1 billion offering amid bitcoin reaching a new high of $111,544, while Executive Chairman Michael Saylor highlighted Strife’s role in attracting fixed income investors.
- The proceeds will fund general corporate purposes including bitcoin acquisitions that complement Strategy’s current reserve of 576,230 BTC valued above $64 billion, reinforcing its fixed income product creditworthiness.
24 Articles
24 Articles
MSTR Launches $2.1 Billion ATM Program for Perpetual Strife Preferred Stock
Strategy (MSTR) will issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock for up to $2.1 billion.Strategy plans to sell the shares over a period of time, based on market conditions. Net proceeds will be used for general corporate purposes, which may include the acquisition of bitcoin (BTC) and working capital.
Strategy To Sell As Much As $2.1 Billion In Preferred Stock To Accelerate Its Bitcoin Buying Binge
Michael Saylor’s Strategy, formerly known as Strategy, is stepping up plans to tap the capital markets to continue stacking Bitcoin as part of its corporate strategy. The Bitcoin development company will issue up to $2.1 billion of preferred stock and use the proceeds to buy more of the flagship crypto. Strategy’s $2.1B Stock Raise To Buy Bitcoin Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, has announced the pr…
Strategy Announces $2.1 Billion Equity Program for STRF Stock - Blockchain & Cryptocurrencies Tabloid
Strategy initiates a $2.1 billion equity program for its STRF stock, indicating a significant move toward further Bitcoin acquisitions. The post Strategy Announces $2.1 Billion Equity Program for STRF Stock appeared first on Blockchain & Cryptocurrencies Tabloid.
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