BREAKING: Saylor's Strategy Launches New Fundraising Initiative for Buying Bitcoin
03/18/2025 20:40
Michael Saylor has just announced Strategy’s brand new stock offering
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Bitcoin evangelist and founder of Strategy (formerly MicroStrategy) Michael Saylor has taken to social media to make an announcement of his company launching a new stock offering in order to raise money for further Bitcoin purchases – Strife (STRF).
Saylor revealed that this offering was made for both institutional and select non-institutional investors. He also shared a direct link to the press release sharing details of that stock offering.
Strategy launches STRF to continue accumulating Bitcoin
Strategy has registered a new public offering under the Securities Act of 1933. It consists of 5,000,000 shares of Strategy’s Series A Perpetual Strife Preferred Stock going by the STRF ticker name.
The document stresses that the company plans to utilize the proceeds from this offering to cover its general operational expenses, which includes further acquisition of Bitcoin to add more BTC to Strategy’s current crypto stash.
Strategy today announced the launch of $STRF ("Strife"), a new perpetual preferred stock offering, available to institutional investors and select non-institutional investors. For more information, click here. $MSTR https://t.co/XM7XbMepEY
— Michael Saylor⚡️ (@saylor) March 18, 2025
The company will pay cumulative dividends on STRF stocks at a fixed rate of 10.00% annually. It will be paid out on a quarterly basis on March 31, June 30, September 30, and December 31 every year, starting on June 30 this year.
Strategy has been accumulating Bitcoin for almost five years already, starting in August 2020. Over the past few years, it has raised billions of US dollars via various stock offerings to investors to buy additional Bitcoin.
Related
Strategy plans to buy $21 billion of Bitcoin
Earlier this week, after a few-weeks’ pause, Michael Saylor announced that the company had purchased 130 BTC worth roughly $10.7 million. Now, the company holds 499,226 BTC valued at around $33.1 billion.
This latest Bitcoin purchase was funded by the sale of 123,000 shares of its perpetual preferred stock which helped raise roughly $10 million. This was part of the recently announced program to accumulate a mammoth $21 billion worth of Bitcoin over the next years.