Strategy Announces $722.5M Preferred Stock Offering for Bitcoin Acquisitions
- Strategy priced 8.5 million shares of Series A Perpetual Strike Preferred Stock.
- The shares are priced at $85 each.
- The offering is expected to generate $711.2 million in net proceeds after fees.
- Settlement for the offering is scheduled for March 25, 2025.
Strategy has announced a preferred stock offering, pricing its shares at $85 each, with an anticipated net proceed of $711.2 million after underwriting fees, and settlement set for March 25, 2025.
Source (2.6)https://news.bitcoin.com/strategy-prices-722-5m-preferred-stock-offering-for-bitcoin-acquisitions/?rand=52384