Strategy Seeks $500 Million Through Preferred Stock Offering
Strategy Inc. (MSTR) has announced a new capital-raising initiative through a preferred stock issuance aimed at expanding its bitcoin holdings. The company is offering 5 million shares of a newly created class called STRC Preferred Stock, priced at $100 per share, with the goal of raising $500 million.
STRC Series Offers 9% Dividend to Attract Investors
The STRC shares, also dubbed “Stretch” by the company, come with a regular dividend rate of 9%, making them an attractive choice for income-seeking investors in today’s volatile market. This offering is part of Strategy’s ongoing effort to leverage both debt and equity markets to accumulate more bitcoin.
This new series follows previous offerings including STRK, STRF, and STRD, along with a common stock at-the-market program.
Last week, the company raised an additional $736 million through the sale of common stock, proceeds from which were also used for bitcoin purchases.
Strategy’s Bitcoin Holdings Surpass 600,000 BTC
With this upcoming capital injection, Strategy continues to cement its position as the largest corporate holder of bitcoin. The firm now owns over 600,000 BTC, which at current market value of around $117,300 per coin, equates to nearly $72 billion in digital assets.
This aggressive acquisition strategy reflects the company’s long-term conviction in Bitcoin as a superior store of value.
A Bold Strategy in a Volatile Crypto Market
This move comes at a time when institutional interest in Bitcoin is accelerating, especially after the recent regulatory clarity around crypto and the rapid growth of stablecoin markets. By offering a high-yielding preferred stock, Strategy is tapping into both yield-hungry investors and Bitcoin believers.
The STRC series blends traditional finance instruments with digital asset exposure, offering a unique investment profile.
Final Thoughts
As Strategy ramps up its bitcoin accumulation, this latest $500M offering reinforces the company’s role as a trailblazer in corporate crypto adoption. Investors drawn to both yield and Bitcoin exposure may find the STRC preferred shares to be a compelling opportunity in today’s financial landscape.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.