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SOL $75.88 +0.78%
TRX $0.3327 -0.10%
DOGE $0.0698 -0.53%
ADA $0.1729 -0.95%
BCH $203.30 -0.59%
LINK $9.44 +0.44%
HYPE $59.45 +0.31%
AAVE $88.56 +3.03%
SUI $0.6470 -4.12%
XLM $0.1535 -2.44%
ZEC $505.33 -0.74%

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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