Michael Saylor calls STRC, Strategy’s new Bitcoin-backed preferred stock, the firm’s “iPhone moment,” as it raises $2.5B and launches a $4.2B ATM program.

Strategy announced the pricing of STRC at $90, expecting its placement to close on July 29. The new instrument raised more ...

Discover how Strategy's innovative Bitcoin-backed capital structure offers superior yields, stability, & principal ...

The company will sell preferred shares through major banks, using proceeds for bitcoin acquisitions, operating needs, and ...

Strategy, a Bitcoin holding company co-founded by Michael Saylor, is raising $4.2 billion to buy more Bitcoin, as its ...

The firm sold nearly $2.5 billion of its new stock dubbed STRC or "stretch" to investors, and will start trading on Wednesday ...

Bitcoin-backed yield products may appeal to retirees seeking alternative income, but only if structured with safeguards, ...

Strategy acquires $2.4B in Bitcoin after record STRC offering, reinforcing its leadership in corporate crypto finance and ...

Strategy (NASDAQ:MSTR), formerly known as MicroStrategy, has completed a $2.52 billion initial public offering (IPO) of its ...

Strategy launches STRC preferred stock to fund new Bitcoin buys after disclosing a $739M purchase of 6,220 BTC this month.

Strategy (MSTR) was trading lower as the bitcoin treasury company priced 28,011,111 shares of variable rate series A ...

A new $500 million preferred stock offering from MicroStrategy is expected to carry an initial yield of 9.5% to 10%, and will ...