Strategy Plans $2.1B Sale of Its Perpetual Strife Preferred Stock

coindesk.com

4 hour ago

Strategy (MSTR) will issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock for up to $2.1 billion. Strategy plans to sell the shares over a period of time, based on market conditions. Net proceeds will be used for general corporate purposes, which may include the acquisition of bitcoin (BTC) and working capital.

https://www.coindesk.com/markets/2025/05/22/strategy-plans-21b-sale-of-its-perpetual-strife-preferred-stock?utm_source=CryptoNews&utm_medium=app