The strategy has successfully priced the perpetual preferred shares Series A (STR) with an interest rate of 10%, issuing approximately 7.75 million shares at a price of €80 per share, raising about €620 million (equivalent to 715 million USD). This capital helps strengthen the financial position and increase liquidity for the company's upcoming plans.
According to the announcement, the majority of the funds raised will be used to purchase Bitcoin, aiming to diversify assets and establish long-term strategic reserves. The remaining portion will serve general operational purposes such as scaling and technology development. This move demonstrates that Strategy continues to place its trust in digital assets as a value storage channel and a hedge against market risks.
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Strategy to raise 620 million euros from Series A preferred stock to expand the Bitcoin portfolio
The strategy has successfully priced the perpetual preferred shares Series A (STR) with an interest rate of 10%, issuing approximately 7.75 million shares at a price of €80 per share, raising about €620 million (equivalent to 715 million USD). This capital helps strengthen the financial position and increase liquidity for the company's upcoming plans.
According to the announcement, the majority of the funds raised will be used to purchase Bitcoin, aiming to diversify assets and establish long-term strategic reserves. The remaining portion will serve general operational purposes such as scaling and technology development. This move demonstrates that Strategy continues to place its trust in digital assets as a value storage channel and a hedge against market risks.