Strategy announces 10% preferred stock offering to buy more Bitcoin

Strategy has announced the pricing of its latest circular of perpetual preferred stock, which the institution does earlier announcing much Bitcoin (BTC) acquisitions.

According to Strategy, the latest circular of preferred banal volition beryllium sold astatine $85 per share, with a 10% coupon, and volition bring the institution astir $711 cardinal successful revenue.

Market expert Jesse Myers said that the yearly 11.8% dividend distributed to investors from the latest offering suggests that Strategy tin present siphon investors from the enslaved market, which lone offers 4.2% interest.

Strategy’s most caller BTC purchase occurred connected March 17, erstwhile the institution acquired 130 BTC, valued astatine astir $10.7 million, bringing its full holdings to 499,226 BTC, valued astatine $41.8 billion.

The March 17 acquisition was the company’s smallest acquisition connected grounds and followed a three-week interruption successful buying. However, Strategy co-founder Michael Saylor has signaled that the institution volition rise much indebtedness and merchantability much equity to substance its accumulation of Bitcoin.

Strategy’s Bitcoin purchases truthful acold successful 2025. Source: SaylorTracker

Related: Michael Saylor pushes US gov’t to acquisition up to 25% of Bitcoin supply

Strategy seeks caller superior for BTC buying spree

On March 10, Strategy announced it would periodically merchantability shares of its 8% Series A perpetual onslaught preferred banal arsenic portion of its program to raise an further $21 billion to bargain much Bitcoin.

The institution followed done connected March 18 by announcing a tranche of 5 cardinal shares successful Series A perpetual preferred banal to rise further capital.

Data from SaylorTracker shows the institution is inactive up astir 26% all-time connected its concern and is sitting connected implicit $8.6 cardinal successful unrealized gains despite the caller marketplace downturn.

However, shares of Strategy declined by implicit 26% successful aboriginal March since their highest constituent successful January 2025 and plummeted by implicit 44% since the all-time precocious of astir $543 reached connected Nov. 21.

Strategy terms enactment and analysis. Source: TradingView

Shares of Strategy are presently trading astatine astir $299, up by 29% from the caller debased of $231 recorded connected March 11.

The company’s inclusion successful the Nasdaq 100, a weighted banal scale that tracks the apical 100 companies by marketplace capitalization connected the tech-focused banal exchange, injected caller superior flows into the institution but besides exposed it to broader downturns successful the tech market.

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