Strategy has revealed plans to raise up to $21.0 billion through the sale of its 8.00% Series A Perpetual Strike Preferred Stock. The company intends to offer these shares under an “At-the-Market” (ATM) Program. The shares, which have a $0.001 par value per share, are convertible by holders into Strategy‘s Class A common stock.
The company plans to sell these shares in a careful and disciplined manner, taking into account market conditions such as the trading price and volume of the perpetual strike preferred stock at the time of sale. This will allow Strategy to raise capital gradually over an extended period, rather than all at once.
Proceeds from this offering will be used for general corporate purposes, including purchasing bitcoin and supporting the company’s working capital needs.
The preferred stock will be sold under an agreement, and the offering will occur according to the terms of an existing automatic shelf registration statement, which was filed with the Securities and Exchange Commission (SEC) on January 27, 2025 (File No. 333-284510). The public offering will be conducted through a prospectus supplement that was filed with the SEC on March 10, 2025.
🚀
⚡ Prime
Enjoy an Ad-Free Reading Experience
Plus 100+ screener conditions, historical signal analysis, DIY stock screening, FII/DII data & more.
I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire.
I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world.
I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas.
As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential.
I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities.
Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire
Last reviewed by Abhishek Sharma on August 26, 2026
Disclaimer:
BigBreakingWire provides news and informational content for general educational purposes only. The information presented on this website does not constitute financial, investment, tax, or legal advice. Readers should consult qualified professionals before making any financial decisions. BigBreakingWire, its authors, and editors are not responsible for any financial losses or damages arising from the use of information on this site.
Discussion
Share your take — react and comment in seconds, no login needed.
