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Strategy Unveils $2.1B At-The-Market Program To Acquire More Bitcoin - Strategy (NASDAQ:MSTR)
- On May 22, 2025, Strategy Inc. Announced an at-the-market offering of up to $2.1 billion in its preferred shares carrying a 10% coupon and perpetual maturity, aiming to strengthen its capital base and fund additional Bitcoin acquisitions.
- The offering follows strong performance and liquidity of the Strife preferred shares and aligns with Strategy’s focus on Bitcoin-linked securities amid Bitcoin’s new record highs.
- Strife was initially priced at $85, has gained 16% to about $98.80, and averages $23 million in daily trading volume, greatly exceeding comparable preferred stocks.
- CEO Fong Lee said the ATM program will continue after Strategy’s recent $764.9 million Bitcoin purchase and aims to attract more conservative fixed-income investors.
- Strategy plans to use proceeds for Bitcoin acquisitions and general corporate purposes despite facing a class-action lawsuit alleging misleading disclosures about its Bitcoin investment strategy.
25 Articles
25 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…
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