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Strategy (previously MicroStrategy) announced on Friday its plan to offer 28 million shares of its Series A Stretch Preferred Stock at a price of $90 each as part of its initial public offering.
The closing of this transaction is anticipated on July 29. Strategy indicated that it expects net proceeds of around $2.474 billion after accounting for underwriting discounts and projected offering costs.
Strategy reveals the pricing of its Stretch Perpetual Preferred Stock ($STRC) Offering and has increased the deal from $500 Million to $2.521 Billion. $MSTR https://t.co/MySRU4bZSA
— Strategy (@Strategy) July 25, 2025
Funds Will Support Bitcoin Acquisitions and Operations
The capital generated will be allocated to general business purposes, which include purchasing bitcoin and managing operational expenses. The STRC Stock will provide monthly dividends at an initial rate of 9% annually based on a $100 base value, commencing on August 31—pending board approval.
Strategy has the flexibility to modify the dividend rate in response to market dynamics, though within established parameters. If dividends are not disbursed punctually, interest will accrue on the overdue amount each month.
Strategy may repurchase all or a portion of the STRC Stock at $101 per share, in addition to any outstanding dividends once the shares are listed on a U.S. stock exchange. For any partial repurchases, a minimum of $250 million worth of shares must remain in circulation.
Strategy Acquires 4,225 BTC for $472.5M
Recently, Strategy added 4,225 BTC to its treasury within a single week, investing $472.5 million at an average price of $111,827 per bitcoin.
This recent purchase, disclosed on July 14, raises Strategy’s total BTC holdings to 601,550, acquired at an average price of $71,268 per coin, culminating in a total investment of $42.87 billion.
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The Bitcoin 100 will strive to be among the Bitcoin 10. pic.twitter.com/RUlQpOQIwf
— Strategy (@Strategy) July 24, 2025
Strategy is led by Executive Chairman Michael Saylor, a vocal proponent of Bitcoin and co-founder of MicroStrategy. Saylor’s approach is assertive, firmly rooted in conviction, and aims to protect against inflation, currency depreciation, and systemic financial risks.
He often characterizes Bitcoin as “digital energy” and “economic immortality,” positioning his acquisitions as part of a long-term strategy to safeguard shareholder value in an increasingly uncertain monetary landscape.
This bold strategy has not only transformed MicroStrategy but has also sparked significant corporate interest in digital assets, with Saylor emerging as a key figure in the global Bitcoin movement.
MSTR Price Trends
As of the most recent close on July 25, MicroStrategy Inc. Class A (Nasdaq: MSTR) remained stable at $414.92, with no change during regular trading hours. However, pre-market indicators show a 2.30% decline, with the stock trading at $405.37, suggesting potential pressure before the market opens.
To date, the stock has exhibited volatility, reaching a 52-week high of $543.00 and a low of $102.40, reflecting investor reactions to Bitcoin price fluctuations and MicroStrategy’s aggressive accumulation of BTC. With a market capitalization of $116.58 billion, the company continues to be one of the most closely monitored Bitcoin proxy investments in the public markets.
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