Strategy's latest preferred stock issuance surpassed expectations, offering 9.5%–10.0% yield with built-in price stability ...

Strategy raises $2.47B through new $STRC preferred stock offering to fund massive Bitcoin purchases and operations.

MicroStrategy has reportedly increased its latest preferred perpetual stock, Stretch (STRC), offering from $500M to $2.8 billion. This was a 4x expansion from the initial plan, and the proceeds will ...

Michael Saylor’s one-of-a-kind capital markets machine just got bigger.Most Read from BloombergTrump Awards $1.26 Billion ...

Strategy (NASDAQ:MSTR) just priced $2.8 billion of its new 9% Stretch preferred stock at $90 a share to fund more Bitcoin (BTC-USD) purchases after strong demand upsized the deal from $500 million.

Strategy has supercharged its Bitcoin strategy by expanding its STRC stock offering to $2.8 billion, aiming to buy 25,000 BTC in just 10 days.

Preferred share buyup increases to $2.8B as Strategy entices investors with 9% dividends and flexible payouts.