Strategy Inc. Expands Stock Sale to $2B for Bitcoin Purchases

Strategy Inc. has raised its latest preferred stock offering to $2 billion, a major jump from the original $500 million plan. The move comes amid strong investor interest, according to a Bloomberg report citing a person familiar with the deal.

The firm, led by Michael Saylor, continues to focus on growing its bitcoin reserves through equity and debt raises. The new offering, priced in New York, involves Series A Perpetual Stretch preferred shares under the ticker STRC.

Good to know

• Strategy raised its preferred stock sale target from $500M to $2B.
• Proceeds will go toward buying more bitcoin and general purposes.
• The new shares carry a 9% variable annual dividend, paid monthly.

This is Strategy’s fourth preferred stock sale aimed at funding bitcoin purchases. The shares come with a 9% annual dividend that compounds if not paid, offering monthly payouts. The structure reflects rising demand among investors seeking bitcoin exposure through financial instruments.

According to Bloomberg’s source, demand was high enough to justify quadrupling the size of the offering. Major financial institutions including Morgan Stanley, Barclays, Moelis & Company, and TD Securities are managing the deal.

Strategy currently holds 607,770 BTC, reinforcing its position as one of the largest corporate holders of the cryptocurrency. The company has consistently used both debt and equity to accumulate more bitcoin, maintaining it as the primary asset in its treasury reserve strategy.