Michael Saylor's Strategy Expands Preferred Equity Sale To $2.47 Billion To Buy More Bitcoin

  • Bitcoin Magazine Michael Saylor's Strategy Expands Preferred Equity Sale To $2.47 Billion To Buy More Bitcoin Strategy, the world's largest corporate holder of Bitcoin, has officially priced its initial public offering of 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC Stock) at $90 per share. The offering is expected to generate approximately $2.474 billion in net proceeds, with settlement scheduled for July 29, 2025.