The Strategy by Michael Saylor has revealed intentions to launch a euro-based stock offering as another bold move in its Bitcoin accumulation campaign. The crypto treasury company submitted a preliminary public offering of 3.5 million perpetual shares under the STRE ticker to European investors on Monday. Expanding Bitcoin Treasury Through
Strategy shares soared almost 6% in after-hours trading as the company announced its third-quarter earnings on Thursday evening. The Bitcoin treasury company announced that it earned a net income of $2.8 billion in the third quarter that ended on September 30, which is far beyond the expectations of Wall Street.
The Strategy Inc. of Michael Saylor has reached a milestone that highlights the increasing impact of corporate adoption of Bitcoin in the global finance markets today. The digital asset treasury company currently holds the value of Bitcoin at $77.4 billion, a remarkable ride since its original investment of $250 million
Strategy, well known for holding a massive stash of Bitcoins, has raised its target preferred stock issue to $2 billion—four times the initial goal of $500 million. The Series A Perpetual Stretch preferred shares were sold at $90 a piece, providing an initial 9% dividend, and underwriting support came from
Michael Saylor’s Bitcoin treasury company, Strategy, has acquired 6,220 BTC for $739.8 million, according to a U.S. SEC Form 8-K filing. The firm made the purchase between July 14 and 20 at an average price of $118,940 per coin. This brings Strategy’s total Bitcoin holdings to 607,770 BTC, worth approximately
Michael Saylor’s Strategy has acquired 245 Bitcoin for $26 million as market volatility increased due to escalating geopolitical tensions. The company disclosed the purchase in a U.S. SEC filing on June 23. According to the filing, Strategy bought BTC at an average price of $105,856 during the week ending June
Bitcoin treasury firm Strategy has acquired an additional 1,045 BTC for $110.2 million. This acquisition, made between June 2 and June 8, brings its total holdings to 582,000 BTC. The average purchase price was $105,426 per coin, according to a June 9 SEC filing. This marks the ninth consecutive week
Strategy (formerly MicroStrategy) has expanded its preferred stock offering to raise nearly $1 billion for additional Bitcoin acquisitions. The firm priced 11.76 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD) at $85 each, with an estimated $979.7 million in net proceeds. Initially targeting $250 million, the
Strategy announced an initial public offering (IPO) of 2.5 million shares of its STRD preferred stock on June 2, 2025. The company plans to use the funds raised for general corporate purposes, including acquiring additional Bitcoin and working capital. The STRD shares will carry an annual dividend rate of 10%,
Michael Saylor’s Strategy and its officials are accused by a California-based investor of breaching federal securities laws by making false and misleading statements. The complaint was filed in the U.S. District Court for the Eastern District of Virginia on Friday. Anas Hamza accused Strategy and its officials, including the co-founder
