Strategy Upscales Stock Offering to Boost Bitcoin Holdings
- Strategy announced an increase in its Strife Perpetual Preferred Stock offering from $500 million to $722.5 million.
- The offering includes 8,500,000 shares of Series A Perpetual Preferred Stock at $85.00 per share.
- The stock will yield a fixed dividend rate of 10.00% per annum on the stated amount of $100 per share.
- Proceeds will be used for general corporate purposes, including acquiring more Bitcoin.
- Strategy currently holds 499,226 BTC valued at approximately $41.9 billion.
Strategy plans to use funds from its expanded preferred stock offering to increase its Bitcoin holdings, with the current value of their BTC assets standing at around $41.9 billion.
Source (2.6)https://dailyhodl.com/2025/03/22/bitcoin-treasury-giant-strategy-primed-to-acquire-more-btc-after-pricing-new-preferred-stock/?rand=59076
