Strategy increases STRC Preferred Stock issuance size from $5 billion to $25.21 billion

By: theblockbeats.news|2025/07/25 12:11:46

BlockBeats News, July 25th: According to an official announcement, Strategy completed the pricing of 28,011,111 shares of variable-rate Class A Perpetual Preferred Stock ($STRC) on July 24, 2025, at a price of $90 per share. The settlement is expected to take place on July 29th, with an estimated fundraising of approximately $2.474 billion after expenses. The proceeds will be used for general corporate purposes, including increasing its Bitcoin holdings.

Bitwise CIO: The Force of the Four-Year Cycle is Weakening, Crypto Market to Enter a Period of "Sustained Stable Prosperity"Spot Gold Falls Below $3340 per Ounce

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