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Raising Approximately $1 Billion Through Preferred Share Issuance to Boost Bitcoin Holdings
1 day ago /
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Author：小编
Strategy announces plans to issue 11,764,700 shares of Series A perpetual Stride preferred stock, carrying a 10% dividend, at a price of $85 per share on June 5, 2025. The net proceeds from this issuance are anticipated to amount to roughly $979.7 million and will be allocated towards augmenting Bitcoin holdings and reinforcing working capital. The issuance and subsequent delivery of the shares are expected to conclude on June 10, contingent upon the fulfillment of standard closing conditions.
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