Bitcoin Acquisition Strategy Seeks Fresh $500 Million Injection With Preferred Equity Round

Strategy Launches New $500M Preferred Share Offering to Expand Bitcoin Holdings

Strategy (MSTR) has introduced a new preferred equity class, STRC, aimed at raising $500 million to fund additional bitcoin acquisitions.

Known internally as “Stretch,” the STRC series will offer a 9% initial dividend and consist of 5 million shares priced at $100 each. This move adds to Strategy’s growing list of preferred issuances, including STRK, STRF, and STRD.

The offering follows the company’s recent $736 million raise via its at-the-market (ATM) program, also used to fuel bitcoin purchases.

With over 600,000 BTC now held—worth roughly $72 billion—Strategy continues to dominate as the largest corporate holder of bitcoin.

Shares of MSTR were little changed in after-hours trading following the announcement.