The post Strategy Expands STRD Preferred Stock Deal to $980M, Potentially Supporting Bitcoin Acquisition Plans appeared on BitcoinEthereumNews.com.

Strategy has expanded its Series A Perpetual Stride Preferred Stock (STRD) offering to nearly $980 million, signaling a robust commitment to Bitcoin acquisitions and corporate growth. The offering, priced at $85 per share with a 10.00% annual dividend, is set to settle on June 10, 2025, and includes dynamic liquidation preferences designed to protect investor value amid market fluctuations. According to COINOTAG, Strategy’s move underscores a strategic alignment with the digital asset sector, leveraging capital markets to bolster its Bitcoin treasury and operational expansion. Strategy raises $980M through STRD preferred stock to fund Bitcoin acquisitions and growth, featuring a 10% dividend and dynamic liquidation preferences for investor protection. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Strategy’s $980M STRD Preferred Stock Offering Fuels Bitcoin Acquisition Plans Strategy’s recent pricing of 11,764,700 shares of its 10.00% Series A Perpetual Stride Preferred Stock at $85 per share marks a significant capital raise totaling approximately $979.7 million in net proceeds. This sizable infusion is earmarked primarily for strategic Bitcoin purchases and general corporate purposes, reflecting the company’s intensified focus on expanding its digital asset holdings. The offering’s settlement is anticipated on June 10, 2025, subject to standard closing conditions. This capital raise not only strengthens Strategy’s balance sheet but also positions it to capitalize on evolving opportunities within the cryptocurrency market. Dividend Structure and Investor Protections Enhance Appeal The STRD shares carry…

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Filed under: News - @ June 6, 2025 10:26 pm