Strategy to Raise $2.1B to Purchase More Bitcoin

Poplar business intelligence company, Strategy, has announced its plan to raise $2.1 billion from the sale of its preferred stock. The funds will be allocated to purchasing additional Bitcoin (BTC) and other corporate purposes.

To view the $STRF ATM press release, prospectus, and investor presentation, along with additional information about $MSTR and $STRK, click here: https://t.co/6Ax85rUpIg

— Michael Saylor (@saylor) May 22, 2025

Notably, Strategy’s latest announcement comes three days after the firm purchased 7,390 BTC for approximately $764.9 million. The acquisition took the company’s total Bitcoin stash to 576,230 BTC.

Strategy to Raise $2.1B

To raise this substantial fund, Strategy utilized its at-the-market (ATM) share issuance program. It entered a sales agreement to issue and sell shares of its 10.00% Series A Perpetual Strife Preferred Stock STRK. 

The shares will be sold for $0.001 each, arriving at the aggregate offering price of $2.1 billion. Strategy plans to sell the perpetual strife preferred stock in a disciplined manner over an extended period. Thus, the trading price and volume of the stock will be considered each time of sale.

Strategy emphasized its intention to use the proceeds from the ATM Program to acquire BTC and to achieve general corporate purposes.

“The perpetual strife preferred stock, subject to the terms and conditions of the sales agreement, may be sold by agents by any method that is deemed an “at the market offering” as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended or any other method permitted by law, which may include negotiated transactions or block trades,” the press release stated. 

BTC Surges Above $110K

The timing of this offering coincides with a new record high for Bitcoin. Earlier today, the apex crypto asset hit a new all-time high of $111,544. At the time of writing, the coin has retraced a bit, currently trading at $111,388. 

The crypto market experienced some turbulence earlier this year. Despite the setbacks, Strategy continued purchasing BTC, thereby demonstrating its confidence in the potential of the crypto asset. With Bitcoin at new heights, the firm’s stash is valued at above $64.1 billion, according to the current market price.

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