Strategy Raises $2.5 Billion in Largest Preferred Stock Offering

Strategy, led by Executive Chairman Michael Saylor, launched its largest preferred stock offering, raising $2.5 billion from the sale of 28 million STRC shares at $90 each, exceeding the initial goal of $500 million.

Key points include:

STRC is a senior perpetual preferred stock aimed at investors seeking stable returns.
The monthly yield ranges from 9.5% to 10%, outperforming traditional short-term investments.
Price control measures include adjustable dividends and stock buybacks to stabilize prices near $100.
This offering enhances Strategy's financing capabilities for Bitcoin acquisitions.
The structure aims to provide high yield while ensuring stability in the current interest rate environment.