Michael Saylor’s Strategy Plans to Raise $2.1 Billion to Purchase More Bitcoin

3 weeks ago 7

Rommie Analytics

The offering could raise up to $2.1 billion, according to a sales agreement filed with the Securities and Exchange Commission (SEC).

The company plans to execute the sales of the perpetual strife preferred stock in a measured and disciplined manner, factoring in real-time trading price and volume. The stock will be offered via methods consistent with the definition of an ATM offering under SEC Rule 415(a)(4), including negotiated transactions and block trades.

Strategy™ said it intends to use the net proceeds for general corporate purposes, including working capital and the acquisition of bitcoin—a move consistent with its long-standing digital asset strategy.

The offering is being conducted under a prospectus supplement filed on May 22, 2025, under the company’s existing shelf registration (File No. 333-284510), which was declared effective on January 27, 2025.

The post Michael Saylor’s Strategy Plans to Raise $2.1 Billion to Purchase More Bitcoin appeared first on Coindoo.

Read Entire Article