Bitcoin IPO Raises 980 Million

Strategy’s IPO to Raise $980 Million for Bitcoin Investments

• Strategy plans to raise approximately $979.7 million through its IPO.
• The IPO involves issuing nearly 11.8 million preferred shares at $85 each.
• The deal is expected to close on June 10, 2025, pending standard conditions.
• STRD shares offer a unique financial instrument with a focus on Bitcoin strategy.
• Barclays, Morgan Stanley, Moelis & Company, and TD Securities lead the issuance.

Strategy aims to bolster its Bitcoin investments by raising around $979.7 million via an IPO of nearly 11.8 million preferred shares priced at $85 each, with the transaction closing expected by June 10, 2025.