Strategy Finalizes $2.52 Billion Preferred Stock Issuance for BTC Acquisition

Strategy (MSTR) has completed its largest preferred stock issuance to date, raising over $2.52 billion through the STRC offering.

The deal includes 28 million shares priced at $90 each, significantly higher than the initial goal of $500 million.
STRC is designed to enhance Strategy's financing for Bitcoin acquisitions and provides a new short-duration capital layer.
As a senior perpetual preferred stock, STRC offers a variable monthly dividend with an effective yield of 9.5%–10.0%.
The structure includes mechanisms to maintain a trading range near $100, adjusting dividends and issuing new shares as needed.
STRC aims to attract yield-seeking investors with more than double the returns of conventional options like money market funds and Treasury bills.