#Strategy Launches $250M Stock Sale for $BTC Treasury


#Strategy has announced a $250 million perpetual preferred stock offering to fund more $BTC purchases.


The company plans to issue 2.5 million #STRD shares at $100 each for institutional investors.


Strategy currently holds 580,955 $BTC worth over $61.7 billion, making it the world's largest corporate holder.


STRD holders receive 10% annual dividends in cash if declared by the board or authorized committee.


Wall Street banks Barclays, Morgan Stanley, Moelis and TD Securities will manage the preferred stock sale.


The $250 million could purchase approximately 2,351 additional $BTC at current market prices.


Proceeds will directly fund additional $BTC acquisitions and provide working capital for operations.

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June 03, 2025 at 1:17 PM
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