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Strategy Launches $STRD Preferred Stock for Bitcoin Acquisition

Key Points:

  • Launch of $STRD stock for Bitcoin investment by Strategy.
  • Led by Michael Saylor, aiming for $250 million.
  • Payout scheduled, dividend yield set at 10%.

Michael Saylor’s Strategy has launched $STRD preferred stock on June 2, 2025, to boost its Bitcoin holdings, offering a notable 10% dividend.

The offering underscores Strategy’s Bitcoin focus, impacting market dynamics and institutional confidence.

Strategy’s new $STRD preferred shares aim to raise $250 million for Bitcoin acquisitions and corporate growth. The shares offer a 10% dividend yield with payments beginning September 2025. The IPO involves major financial players like Barclays and Morgan Stanley.

Strategy’s move centers around Michael Saylor’s vision to prioritize Bitcoin as Strategy’s main treasury reserve. The launch targets institutional and select non-institutional investors to gain exposure to Bitcoin. Strategy’s capital stack approach leverages equity and debt financings alongside operational cash flows for Bitcoin purchases.

Michael Saylor, Founder and CEO, Strategy, stated, “We are excited to launch $STRD (‘Stride’), a perpetual preferred stock offering that will provide us with additional capital to continue our Bitcoin acquisition strategy while offering institutional investors a new way to gain indirect exposure to Bitcoin.”

Financially, Strategy’s liquidity will benefit from increased capital flexibility, facilitating more investments in digital assets, notably Bitcoin. Institutional focus on Bitcoin may drive market interest and influence $MSTR’s crypto market involvement.

This offering aligns with Strategy’s historic approach of raising capital for Bitcoin through versatile financial instruments. Experts anticipate potential regulatory acceptance, enhancing Bitcoin’s market presence. Market volatility may rise from Strategy’s Bitcoin-buying strategies.

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