Strategy Raises $2.5B via STRC Preferred Shares for 21K BTC
Strategy Corp has raised $2.5 billion via its STRC preferred shares offering, issuing 28 million perpetual preferred shares at $90 each on Nasdaq. The proceeds funded the purchase of 21,021 BTC at an average price of $117,256, lifting its total Bitcoin holdings to 628,791 BTC (over $74 billion). STRC preferred shares offer floating monthly dividends starting at 9%, appealing to income-focused and institutional investors seeking Bitcoin exposure without direct market risk. This first-of-its-kind permanent preferred security addresses compliance hurdles for pension funds and insurers through structured equity. Following the offering, Strategy’s common stock dipped 2.3% but recovered in after-hours trading. Market analysts say the STRC preferred shares deal could deepen Bitcoin liquidity and reduce spot-market swings, a bullish signal for market stability. Strategy’s upcoming Q2 earnings will shed light on the financial impact of its latest Bitcoin accumulation.
Bullish
Strategy’s STRC preferred shares offering directly increases its Bitcoin holdings and introduces a new compliant vehicle for institutional and retail investors. This structured equity deal is likely to boost Bitcoin demand, deepen liquidity, and mitigate spot-market swings, supporting price stability. In the short term, the share issuance may add upward pressure on Bitcoin prices as Strategy deploys the $2.5 billion to buy BTC. Long term, the precedent of a permanent preferred security could catalyze further institutional inflows, underpinning sustained bullish momentum.