According to the official announcement, Strategy completed pricing for 28,011,111 shares of variable-rate Class A perpetual preferred stock ($STRC) on July 24, 2025, with an issue price of $90 per share. The offering is expected to be settled on July 29, with an estimated net fundraising of approximately $2.474 billion after expenses. The raised funds will be used for general corporate purposes, including additional bitcoin acquisition. The initial annualized monthly dividend rate for STRC is 9%, which can be adjusted by the company based on market conditions.
Strategy increases STRC preferred stock offering size to $2.521 billion
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