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Strategy Increases STRC Preferred Stock Offering Size from $500 Million to $2.521 Billion
Summary: According to reports, Strategy announced on July 24, 2025, that it has priced 28,011,111 shares of variable rate Class A perpetual preferred stock ($STRC) at $90 per share, with an expected settlement date of July 29. After deducting expenses, the company expects to raise approximately $2.474 billion. The funds raised will be used for general ...
According to reports, Strategy announced on July 24, 2025, that it has priced 28,011,111 shares of variable rate Class A perpetual preferred stock ($STRC) at $90 per share, with an expected settlement date of July 29. After deducting expenses, the company expects to raise approximately $2.474 billion. The funds raised will be used for general corporate purposes, including increasing holdings in Bitcoin. The initial annualized monthly dividend rate for STRC is 9% and may be adjusted by the company based on market conditions.
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Link: Strategy Increases STRC Preferred Stock Offering Size from $500 Million to $2.521 Billion [Copy]
