Strategy increases STRC preference share offering size from $500 million to $2.521 billion
2025-07-25 12:18:35
According to the official announcement, Strategy completed the pricing of 28,011,111 variable rate A permanent preference shares ($STRC) on July 24, 2025. The issue price is $90 per share, and it is expected to be delivered on July 29. After deducting fees, it is expected to raise approximately $2.474 billion. The proceeds raised will be used for general corporate purposes, including increasing the holdings of Bitcoin. The initial annualized monthly dividend rate of STRC is 9% and can be adjusted by the company according to the market.
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