other_material
confidence high
sentiment neutral
materiality 0.75
Strategy announces $2.1B at-the-market preferred stock offering (STRF) to fund bitcoin buys
Strategy Inc
- Up to $2.1B in 10.00% Series A Perpetual Strife Preferred Stock (STRF) may be sold via ATM program.
- Agents: TD Securities, Barclays Capital, Benchmark Company; commission up to 2.0% of gross proceeds.
- Proceeds intended for general corporate purposes, including bitcoin acquisition, and working capital.
- Sales made in disciplined manner over extended period; no obligation to sell any shares.
- Prospectus supplement filed May 22, 2025 under shelf registration effective Jan 27, 2025.
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