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News

Strategy Unveils $500M Stock Raise to Buy More Bitcoin

Michael Saylor isn't done with his BTC buys yet.
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Mar 18, 20251 min read

MicroStrategy unveiled a $500 million preferred stock offering to fund further Bitcoin acquisitions, even as its stock dipped 5% amid market turbulence.

What’s the Scoop?

  • Stock Offering: MicroStrategy plans to issue 5 million shares of its new Series A perpetual preferred stock (STRF) to raise $500 million.
  • Dividend Terms: The new STRF stock offers a fixed 10% annual cash dividend, compounded quarterly if not paid.
  • Market Reaction: MicroStrategy’s Bitcoin holdings now stand at 499,226 BTC, and its stock saw a 5% decline following the announcement amid a broader market dip.

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