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ZEC $332.09 -1.26%

Strategy has increased the issuance scale of preferred stock STRC from 500 million dollars to 2.521 billion dollars

2025-07-25 20:14:01
Collection

According to ChainCatcher news and the official announcement, Strategy completed the pricing of 28,011,111 shares of variable rate Class A perpetual preferred stock (STRC) on July 24, 2025, with an issue price of $90 per share. The settlement is expected on July 29, with an estimated fundraising of approximately $2.474 billion after expenses.

The raised funds will be used for general corporate purposes, including increasing Bitcoin holdings.

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