Strategy raises the issuance size of STRC preferred stock from $500 million to $2.521 billion

PANews
PANews|Jul 25, 2025 12:06
According to the official announcement of Strategy, the company will complete the pricing of 28011111 shares of Variable Rate Class A Permanent Preferred Stock (STRC) on July 24, 2025, with an issue price of $90 per share, expected to be delivered on July 29, and is expected to raise approximately $2.474 billion after deducting expenses. The raised funds will be used for general corporate purposes, including increasing holdings of Bitcoin. The initial annualized monthly dividend rate for STRC is 9% and can be adjusted by the company according to market conditions.
Share To

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads