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Strategy Increases STRC Preferred Stock Issuance Size from $5 Billion to $25.21 Billion

2025-07-25 20:07

BlockBeats News, July 25th, according to an official announcement, Strategy completed the pricing of 28,011,111 shares of Variable Rate Class A Perpetual Preferred Stock (STRC) on July 24, 2025, at a price of $90 per share. The settlement is expected to occur on July 29th, with an estimated fundraising of approximately $2.474 billion after deducting expenses. The proceeds will be used for general corporate purposes, including increasing Bitcoin holdings.

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