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TRX $0.3323 -0.09%
DOGE $0.0698 -0.31%
ADA $0.1727 -1.29%
BCH $203.93 -0.21%
LINK $9.44 +0.63%
HYPE $59.55 +0.73%
AAVE $88.65 +3.42%
SUI $0.6461 -4.21%
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ZEC $505.66 -0.62%

Strategy may sell preferred stock to raise $300 million to continue increasing its Bitcoin holdings

2026-03-09 13:08:04

According to Cointelegraph, Michael Saylor's Strategy may raise $300 million in the coming weeks by selling preferred stock STRC to purchase more Bitcoin.

It is reported that STRC was launched in July 2025 as a yield-bearing financing tool, maintaining a stock price close to its $100 par value through a variable monthly yield (currently an annualized 11.5%), and has helped the company accumulate a Bitcoin holding valued at approximately $50 billion.

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