{"id":39436,"date":"2025-07-29T21:31:56","date_gmt":"2025-07-29T21:31:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39436"},"modified":"2025-07-29T21:31:56","modified_gmt":"2025-07-29T21:31:56","slug":"michael-saylors-strategy-makes-massive-2-4b-bitcoin-purchase-with-preferred-stock-sale-proceeds","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39436","title":{"rendered":"Michael Saylor&#8217;s Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds"},"content":{"rendered":"<div>\n<p>Strategy (MSTR), the largest corporate owner of bitcoin (BTC), <a href=\"https:\/\/www.strategy.com\/press\/strategy-acquires-21021-btc-and-now-holds-628791-btc_07-29-2025\">said<\/a> on Tuesday it has acquired roughly $2.4 billion worth of BTC using the funds from its new preferred stock (STRC) issuance.<\/p>\n<p>The firm sold nearly $2.5 billion worth of STRC, also dubbed &#8220;stretch,&#8221; to investors, significantly more than the originally planned $500 million. <\/p>\n<p>STRC, which aims to deliver a regular dividend to investors initially set at a 9% rate, will start trading on Wednesday on Nasdaq.<\/p>\n<p>With the proceeds, the company purchased 21,021 BTC at an average price of $117,256, according to <a href=\"https:\/\/www.strategy.com\/press\/strategy-acquires-21021-btc-and-now-holds-628791-btc_07-29-2025\">a press release<\/a>. That brings Strategy&#8217;s bitcoin holdings to 628,791 BTC, worth nearly $74 billion at current prices.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/27\/michael-saylor-is-bringing-bitcoin-backed-money-market-style-vehicle-to-wall-street-nydig\">Michael Saylor Is Bringing Bitcoin-Backed Money-Market-Style Vehicle to Wall Street: NYDIG<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategy (MSTR), the largest corporate owner of bitcoin (BTC), said on Tuesday it has acquired roughly $2.4 billion worth of BTC using the funds from its new preferred stock (STRC) issuance. The firm sold nearly $2.5 billion worth of STRC, also dubbed &#8220;stretch,&#8221; to investors, significantly more than the originally planned $500 million. STRC, which [&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-39436","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\/39436","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=39436"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39436\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}