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Strategy To Raise $2.1B To Fund Bitcoin Plans With Preferred Stock - Data Intelligence

Summary by Plato. Vertical Search. Ai. | PlatoAiStream. Data Intelligence. Vertical Search. Ai.
Strategy to raise $2.1B via high-yield Bitcoin-focused preferred stock. The company holds 576,230 BTC, representing 2.9% of the total supply. Preferred stock offers 10% yield, avoiding common shareholder dilution. Strategy (formerly known as MicroStrategy) announced a new plan to raise to $2.1 billion on May 22, 2025. According to a prospectus supplement filed the same day, the company will issue 10.00% Series A perpetual preferred stock. This…
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u.today broke the news in on Thursday, May 22, 2025.
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