Strategy Announces $4.2 Billion STRD Preferred Stock Issuance Plan
2025/07/07 12:43According to a report by Jinse Finance, Strategy announced on July 7 that it has signed a sales agreement to issue up to $4.2 billion worth of 10.00% Series A Perpetual Stride Preferred Stock (STRD Stock). The company plans to sell these shares in an orderly manner over an extended period, based on market trading prices and volumes. Strategy stated that the proceeds will primarily be used for Bitcoin acquisitions, working capital, and dividend payments to existing preferred shareholders. The company has adopted Bitcoin as its primary reserve asset while continuing to offer AI-driven enterprise analytics software services.
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