{"id":18485,"date":"2025-03-21T15:01:39","date_gmt":"2025-03-21T15:01:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18485"},"modified":"2025-03-21T15:01:39","modified_gmt":"2025-03-21T15:01:39","slug":"strategy-expands-bitcoin-war-chest-with-722-million-upsized-preferred-stock-offering","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18485","title":{"rendered":"Strategy Expands Bitcoin War Chest With $722 Million Upsized Preferred Stock Offering"},"content":{"rendered":"<div>\n<p><strong>Strategy <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>), <a href=\"https:\/\/www.benzinga.com\/insights\/news\/25\/03\/44418996\/heres-how-much-you-would-have-made-owning-strategy-stock-in-the-last-20-years\">the company previously known as <strong>MicroStrategy<\/strong><\/a>, has significantly expanded its latest fundraising initiative, securing $722.5 million through a preferred stock sale aimed at fueling its Bitcoin investment strategy.<\/p>\n<p><strong>What Happened: <\/strong>The announcement, made Friday, <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1050446\/000119312525059786\/0001193125-25-059786-index.html\">revealed<\/a> that the company priced 8.5 million shares of its 10% Series A Perpetual Preferred Stock at $85 each, marking an increase from its originally planned $500 million offering.<\/p>\n<p>The deal, expected to close on March 25 pending standard regulatory clearance, will leave Strategy with approximately $711.2 million in net proceeds after fees and other expenses.<\/p>\n<p>The firm noted the funds will primarily support corporate activities, including additional bitcoin acquisitions and working capital needs.<\/p>\n<p>The newly issued preferred shares, <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44378673\/strategy-announces-500-million-strf-preferred-stock-offering-to-boost-bitcoin-investments\">listed under the STRF ticker<\/a>, will yield a fixed annual dividend of 10% based on a $100 par value.<\/p>\n<p>Dividends, if declared by Strategy\u2019s board, will be paid quarterly &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44438245\/strategy-expands-bitcoin-war-chest-with-722-million-upsized-preferred-stock-offering\" alt=\"Strategy\" expands bitcoin war chest with million upsized preferred stock offering>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategy (NASDAQ:MSTR), the company previously known as MicroStrategy, has significantly expanded its latest fundraising initiative, securing $722.5 million through a preferred stock sale aimed at fueling its Bitcoin investment strategy. What Happened: The announcement, made Friday, revealed that the company priced 8.5 million shares of its 10% Series A Perpetual Preferred Stock at $85 each, [&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-18485","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\/18485","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=18485"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18485\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}