Strategy plans to raise approximately $1 billion through a preferred stock offering to increase its Bitcoin holdings
Strategy announced the public offering of 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock on June 5, 2025, at an issue price of $85 per share. The net proceeds from this fundraising are expected to be approximately $979.7 million, intended for general corporate purposes, including increasing Bitcoin holdings and supporting working capital. The stock issuance and settlement are expected to be completed on June 10.
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