{"id":17024,"date":"2025-03-10T14:17:40","date_gmt":"2025-03-10T14:17:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17024"},"modified":"2025-03-10T14:17:40","modified_gmt":"2025-03-10T14:17:40","slug":"strategy-files-for-21b-in-preferred-stock-to-fund-bitcoin-acquisition","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17024","title":{"rendered":"Strategy Files For $21B In Preferred Stock To Fund Bitcoin Acquisition"},"content":{"rendered":"<div>\n<p><strong>Strategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>), announced on Monday that it has filed to offer up to <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42982920\/microstrategy-plans-perpetual-preferred-stock-offering-to-bolster-bitcoin-strategy\">$21 billion in preferred stock<\/a> to raise funds for <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) purchases.<\/p>\n<p><strong>What Happened: <\/strong>The sales <a href=\"https:\/\/www.strategy.com\/press\/strategy-announces-21-billion-strk-at-the-market-program_03-10-2025\">agreement <\/a>involves issuing 8.00% Series A perpetual strike preferred stock STRK with a par value of $0.001 per share, which holders can convert into Strategy&#8217;s class A common stock.<\/p>\n<p>The proceeds will primarily support Bitcoin acquisitions, with additional funds allocated for working capital and general corporate purposes.<\/p>\n<p>The offering, structured as an at-the-market (ATM) program, allows Strategy to sell shares over &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44220378\/strategy-files-for-21b-in-preferred-stock-to-fund-bitcoin-acquisition\" alt=\"Strategy\" files for in preferred stock to fund bitcoin acquisition>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategy Inc. (NASDAQ:MSTR), announced on Monday that it has filed to offer up to $21 billion in preferred stock to raise funds for Bitcoin (CRYPTO: BTC) purchases. What Happened: The sales agreement involves issuing 8.00% Series A perpetual strike preferred stock STRK with a par value of $0.001 per share, which holders can convert into [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17024","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17024"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17024\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}