Michael Saylor’s Strategy Plans $500M IPO to Add More Bitcoin, Launches STRC Stretch Stock

Michael Saylor’s firm Strategy, formerly MicroStrategy, is doubling down on Bitcoin with a $500 million IPO of a new preferred stock called “Stretch” (ticker: STRC). The move aims to raise fresh capital to acquire more BTC, solidifying Strategy’s dominance as the largest corporate Bitcoin holder globally. The IPO targets institutional investors with Series A Perpetual […]